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CF INCOME PARTNERS L.P. ANNOUNCES SUSPENSION OF REGULAR DISTRIBUTIONS TO UNITHOLDERS

 CF INCOME PARTNERS L.P. ANNOUNCES SUSPENSION
 OF REGULAR DISTRIBUTIONS TO UNITHOLDERS
 LOS ANGELES, Jan. 15 /PRNewswire/ -- CF Income Partners L.P. (NYSE: CFI), a Los Angeles-based master limited partnership, announced today the suspension of its quarterly distribution to unitholders until further notice.
 "The general partner's decision to suspend distributions was based upon 1992 projections of cash available from operations, costs associated with expected property debt refinancings and the need to maintain adequate reserves during this period of economic uncertainty," said Dennis A. Sondker, president and chief executive officer of CF Management Corp., the general partner of CF Income Partners L.P. "The general partner has not received a performance incentive fee since 1990," Sondker added.
 CF Income Partners L.P. is a publicly traded master limited partnership that invests in income producing multi-family residential, commercial and industrial properties.
 -0- 1/15/92
 /CONTACT: Barbara J. Pape, 310-444-3900, ext. 2235, or Leeann Morein, 310-444-3900, ext. 2236, both of CF Income Partners L.P./
 (CFI) CO: CF Income Partners L.P. ST: California IN: FIN SU:


CH -- LA009 -- 9922 01/15/92 10:45 EST
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Publication:PR Newswire
Date:Jan 15, 1992
Words:184
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