Quadra Realty Trust Declares First Dividend
06 Agosto 2007 - 2:00PM
PR Newswire (US)
NEW YORK, Aug. 6 /PRNewswire-FirstCall/ -- Quadra Realty Trust,
Inc. (NYSE:QRR) today announced that its Board of Directors has
declared the Company's first dividend in the amount of $0.10 per
share of common stock. The dividend is payable on August 30, 2007
to common shareholders of record on August 15, 2007. About Quadra
Realty Trust, Inc. Quadra Realty Trust, Inc. is a commercial real
estate finance company that invests in a diversified portfolio of
commercial mortgage investments and related products, including
construction loans, mezzanine loans, B Notes, bridge loans, fixed
and floating rate whole loans, loan participations, preferred
equity investments and equity in commercial real estate. Quadra is
organized and conducts its operations to qualify as a real estate
investment trust (REIT) for federal income tax purposes. Quadra is
externally managed by Hypo Real Estate Capital Corporation, a full
service, vertically integrated real estate finance company.
Quadra's manager is a member of the Hypo Real Estate Group. The
ultimate parent of the Hypo Real Estate Group is Hypo Real Estate
Holding AG, a publicly traded company on the Frankfurt Stock
Exchange with headquarters in Munich, Germany. For additional
information, visit our website at http://www.quadrarealty.com/.
Forward-Looking Statements Certain statements in this press release
may constitute "forward-looking statements" within the meaning of
the Private Securities Litigation Reform Act of 1995, including
statements regarding the Company's business prospects and
anticipated investment performance. These statements are not
historical facts, but instead represent only the Company's beliefs
regarding future events, many of which, by their nature, are
inherently uncertain and outside of the Company's control. It is
possible that the Company's actual results and financial condition
may differ, possibly materially, from the anticipated results and
financial condition of the Company indicated in these forward-
looking statements. For a discussion of some of the risks and
important factors that could affect the Company's future results,
see the section entitled "Risk Factors" in the Company's prospectus
filed pursuant to Rule 424(b)(4), dated February 14, 2007, which is
available on the Company's website (http://www.quadrarealty.com/).
You should not place undue reliance on any forward-looking
statements contained in this press release. The Company can give no
assurance that the expectations of any forward-looking statement
will be obtained. Such forward-looking statements speak only as of
the date of this press release. The Company expressly disclaims any
obligation to release publicly any updates or revisions to any
forward-looking statements contained herein to reflect any change
in the Company's expectations with regard thereto or any change in
events, conditions or circumstances on which any statement is
based. DATASOURCE: Quadra Realty Trust, Inc. CONTACT: Investor and
Media, Evan Smith, CFA, 1-866-QUADRA4, Web site:
http://www.quadrarealty.com/
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