Company Website:
http://www.berkshireincomerealty.com
BOSTON -- (Business Wire)
Berkshire Income Realty, Inc. (NYSE MKT: BIR.PR.A)(NYSE MKT:BIR_PA)(NYSE
MKT:BIRPRA)(NYSE MKT:BIR-A)(NYSE MKT:BIR.A)(NYSE MKT:BIR/PRA) (the
“Company”) announced today that it will pay its regular quarterly cash
dividend of $0.5625 on each share of its 9% Series A Cumulative
Redeemable Preferred Stock on Monday, November 17, 2014, to shareholders
of record on November 10, 2014. The regular cash dividend payable on the
Series A Preferred Stock is payable on February 15, May 15, August 15
and November 15 of each year.
The Company is a Real Estate Investment Trust ("REIT") whose objective
is to acquire, own, operate, develop and rehabilitate multifamily
apartment communities. The Company owns interests in fourteen
multifamily apartment communities and two multifamily development
projects, of which five are located in the Baltimore/Washington, D.C.
metropolitan area; three are located in Dallas, Texas; two in Atlanta,
Georgia; and one is located in each of Houston, Texas; Sherwood, Oregon;
Tampa, Florida; Philadelphia, Pennsylvania; Walnut Creek, California;
and Denver, Colorado. The Company also owns interests in two
unconsolidated multifamily entities.
This press release may contain “forward-looking statements,” within the
meaning of the Private Securities Litigation Reform Act of 1995, about
the Company. These statements involve a number of risks and
uncertainties that could materially affect future results. Among these
risk factors are the ones listed in the Company’s periodic reports filed
with the Securities and Exchange Commission, including without
limitation the Company’s Annual Report on Form 10-K for the fiscal year
ended December 31, 2013.
Contacts:
Berkshire Income Realty, Inc.
Stephen Lyons, 1-617-574-8367
stephen.lyons@berkshire-group.com
Facsimile:
1-617-574-8312
Source: Berkshire Income Realty, Inc.
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