News
Capital Automotive LLC Declares
Quarterly Preferred Unit Distributions
MCLEAN, Va.,
class="xn-chron">July 30 /PRNewswire/ -- Capital
Automotive LLC (the "Company"), the nation's leading specialty
finance company for automotive retail real estate, today announced
that its Board of Managers has declared a dividend for the period
commencing May 1, 2010 and ending
July 31, 2010 of
class="xn-money">$0.46875 per Series A Cumulative Redeemable
Preferred Unit of the Company, payable on
class="xn-chron">August 16, 2010 to holders of record as of
August 2, 2010.
The Board of Managers has also declared a dividend for the
period commencing May 1, 2010 and
ending July 31, 2010 of
class="xn-money">$0.50 per Series B Cumulative Redeemable
Preferred Unit of the Company, payable on
class="xn-chron">August 16, 2010 to holders of record as of
August 2, 2010.
About Capital Automotive
Capital Automotive, headquartered in
class="xn-location">McLean, Virginia, is a
class="xn-location">Delaware limited liability company.
The Company's primary strategy is to acquire real property
and improvements used by operators of multi-site, multi-franchised
automotive dealerships and related businesses. Additional
information on Capital Automotive is available on the Company's
Website at
href="http://www.capitalautomotive.com/">http://www.capitalautomotive.com.
style="font-family:Arial;font-size:8pt;">Contact
Information
style="font-family:Arial;font-size:8pt;">David S. Kay
style="font-family:Arial;font-size:8pt;">Executive Vice President
and Chief Financial Officer
style="font-family:Arial;font-size:8pt;">Capital Automotive Real
Estate Services, Inc.
style="font-family:Arial;font-size:8pt;">703.394.1302
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