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November 28, 2015 3:26 PM ET

Real Estate Investment Trusts (REITs)

Company Overview of Global Income Trust, Inc.

Company Overview

Global Income Trust, Inc. is a real estate investment trust launched by CNL Financial Group, LLC. The fund is managed by CNL Global Income Advisors, LLC. It invests in the real estate markets of United States. The fund acquires and operates a diverse portfolio of income oriented commercial real estate. It was formerly known as Macquarie CNL Global Income Trust, Inc. Global Income Trust, Inc. was founded on March 4, 2009 and is based in Orlando, Florida.

CNL Center at City Commons

450 South Orange Avenue

Orlando, FL 32801-3336

United States

Founded in 2009



Key Executives for Global Income Trust, Inc.

Global Income Trust, Inc. does not have any Key Executives recorded.

Global Income Trust, Inc. Key Developments

Global Income Trust, Inc. Announces Executive and Management Changes

On August 11, 2014, Andrew A. Hyltin announced his resignation effective August 31, 2014 as chief executive officer and president of Global Income Trust, Inc. Mr. Hyltin will continue to play a key role within CNL Financial Group, LLC, focusing on development of future private equity and alternative investments. Effective September 1, 2014, Thomas K. Sittema will begin serving as chief executive officer and president of the company as well as its advisor. Mr. Sittema has served as chief executive officer (January 2011 to present) and vice president (February 2010 to January 2011) of CNL Financial Group, Inc. Since April 2012, Mr. Sittema has served as vice chairman of the board of directors and a director of each of CNL Lifestyle Properties, Inc. Most recently, while at Bank of America Corporation Merrill Lynch, he served as managing director of real estate, gaming, and lodging investment banking. On August 11, 2014, Rosemary Q. Mills resigned as company's chief financial officer and treasurer effective as of August 31, 2014. Effective September 1, 2014, Tammy J. Tipton will serve as the company's chief financial officer and treasurer. Ms. Tipton has served as senior vice president since October 2011 and group chief financial officer since January 2014 of CNL Financial Group Investment Management, LLC. She previously served as senior vice president of CNL from 2002 to December 2011.

Global Income Trust, Inc., Annual General Meeting, Nov 04, 2014

Global Income Trust, Inc., Annual General Meeting, Nov 04, 2014., at 09:30 US Eastern Standard Time. Location: CNL Center at City Commons.

Global Income Trust, Inc. Announces Resignation of Steven D. Shackelford as Executive Vice President

On April 14, 2014, Steven D. Shackelford tendered his resignation as Executive Vice President of Global Income Trust, Inc. and any positions he holds at any of the Company's subsidiaries effective immediately. The resignation of Mr. Shackelford was not due to any disagreement with management on any matter relating to the Company's operations, policies or practices. Mr. Shackelford remains President of Corporate Capital Trust, a public, non-traded business development company sponsored by CNL Financial Group, Inc.

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