KUSHNER PROPOSES TO ACQUIRE FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY FOR $22.00 PER SHARE IN CASH

Proposal Represents a 52.25% Premium to FREVS’ Most Recent Closing Price Calls Upon the Board to Immediately Enter into Discussions with Kushner Urges Shareholders to Make Their Views Known to the Board NEW YORK, June 27, 2023 /PRNewswire/ — K Corp Acquisitions LLC, a Kushner company,…