Printer Friendly

ARLINGTON REALTY INVESTORS TO PAY LIQUIDATING DISTRIBUTION

 DALLAS, June 9 /PRNewswire/ -- Arlington Realty Investors (OTC) today declared a $2.80 per share liquidating distribution to holders of record as of Friday, June 18, 1993. Payment will be made on Tuesday, July 6, 1993.
 This distribution is comprised of proceeds from the operation and sale of Arlington's two operating real estate assets. Due to net operating loss carryforwards, Arlington anticipates that this distribution will be treated as a return of capital to its shareholders, however, shareholders are urged to consult a tax professional for the proper tax treatment of this distribution.
 Headquartered in Dallas, Arlington Realty Investors, formerly known as Ryan Mortgage Investors, is operating under a Plan of complete Liquidation and Termination as approved by its shareholders.
 -0- 6/9/93
 /CONTACT: Susan A. Seiter of Susan Seiter Associates, 817-488-3142, for Arlington Realty Investors; or John Lajoie of Southmark Corporation, 214-241-8787/


CO: Arlington Realty Investors ST: Texas IN: SU:

WB -- NY059 -- 0259 06/09/93 15:41 EST
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jun 9, 1993
Words:161
Previous Article:K-III COMMUNICATIONS CORPORATION COMMENCES EXCHANGE OFFER FOR ITS STOCK
Next Article:BELPRE PLANT ACHIEVES ISO 9002 REGISTRATION
Topics:


Related Articles
TRANSCONTINENTAL REALTY INVESTORS ANNOUNCES ACQUISITION OF REAL ESTATE AND ISSUANCE OF ADDITIONAL SECURITIES
CRITEF-I PARTNERSHIP DECLARES MONTHLY DISTRIBUTION FOR FEBRUARY OF NINE CENTS PER BAC
Charles E. Smith Residential Hires New Investor Relations And Communications Directors.
Banyan Strategic Realty Trust Reports $47.3 Million Decrease in Net Assets In Liquidation After Initial Liquidating Distribution of $73.6 Million Or...
Banyan Strategic Realty Trust Announces Additional $.20 Per Share Liquidating Distribution.
Banyan Strategic Realty Trust Reports $3.8 Million Decrease in Net Assets In Liquidation After Second Liquidating Distribution of $3.1 Million or...
Banyan Strategic Realty Trust Obtains $1 Million Earnest Money Forfeiture For Failed University Square Transaction.
Burnham Pacific Announces Record Date for Conditional Liquidating Distribution.
Banyan Strategic Realty Trust Signs Contract to Sell University Square Business Center.
Banyan Strategic Realty Trust Reports Fourth Quarter and Year 2001 Results.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters