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CNL REALTY INVESTORS MOVES UP TO THE AMERICAN STOCK EXCHANGE

 CNL REALTY INVESTORS MOVES UP TO THE AMERICAN STOCK EXCHANGE
 NEW YORK, July 31 /PRNewswire/ -- CNL Realty Investors, Inc. of Orlando, Fla., began trading its common stock today on the American Stock Exchange. Trading under ticker symbol "NNN," the company's common stock opened at 11:30 a.m. EDT, at 9-3/4 per share. Bear, Stearns has been selected as its Specialist Unit.
 CNL Realty Investors, Inc. is a Real Estate Investment Trust the purchases and leases net lease properties to nationally recognized commercial retail tenants. The company's portfolio currently consists of 43 triple-net leased properties in 14 states.
 Net income for the three months ended March 31, 1992 was $361,000 (unaudited), up from the $338,000 for the same period 1991. For the fiscal year ended Dec. 31, 1991, CNL Realty Investors had revenues of $1,895,000, up from $1,868,000 for fiscal year 1990.
 The American Stock Exchange is committed to becoming the recognized, premier marketplace for growth companies and derivative securities. By responding to listed company needs and initiating quality services, the Amex finds innovative ways to add to the expanding community of companies investors it serves.
 -0- 7/31/92
 /CONTACT: Paul Nobile of American Stock Exchange, 212-306-2028/
 (NNN) CO: CNL Realty Investors, Inc. ST: Florida IN: FIN SU:


PS-AH -- NY068 -- 5800 07/31/92 17:29 EDT
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Publication:PR Newswire
Date:Jul 31, 1992
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