SOURCE: American Realty Advisors

February 25, 2008 13:22 ET

American Realty Advisors Announces New Name for Core Realty Fund

GLENDALE, CA--(Marketwire - February 25, 2008) - American Realty Advisors announced today that its highly successful open-end core commingled fund, the American Stable Value Fund, has been renamed the American Core Realty Fund, LLC. The Fund, launched in 2003, has invested in over $2.0 billion in real estate assets nationwide on behalf of over 160 institutional clients. The name is being changed to reflect more closely the core strategy of the Fund.

The American Core Realty Fund is a diversified core real estate fund that creates the opportunity for institutional investors to participate in real estate investments that can generate strong long-term returns. The Fund seeks to provide returns that are attractive relative to other asset classes with stable income and the potential for market appreciation.

The Fund primarily invests in core institutional-quality office, retail, industrial and multi-family properties located throughout the United States and is diversified by product type, geographic region and economic exposure in order to mitigate investment risk.

Stanley Iezman, President and Chief Executive Officer of American, stated, "The American Core Realty Fund has been an outstanding addition to the resources the firm provides to our clients. We look forward to continuing the success of the Fund in the years to come."

American Realty Advisors, a California corporation, is an SEC-registered investment advisor under the Investment Advisers Act of 1940 and a leading provider of real estate investment management services to institutional investors. With more than $4.6 billion* in assets under management, American has provided innovative real estate solutions to institutional investors for over 19 years utilizing core and value-added commingled funds and separate accounts. The firm's portfolios include office, industrial, multi-family, retail and other properties nationwide. Information regarding American can be found online at www.americanreal.com.

Forward-Looking Statements: This press release may contain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements are statements that do not represent historical facts and are based on our beliefs, assumptions made by us, and information currently available to us. Forward-looking statements in this press release are based on our current expectations as of the date of the release, which could change or not materialize as expected. Actual results may differ materially due to a variety of uncertainties and risk factors. Except as required by law, we assume no obligation to update any such forward-looking statements.

*Assets under management represent gross value of all assets and accounts managed by American as of September 30, 2007 (excluding partners' share of equity and partners' share of debt on partnership investments) plus approximately $345 million in undrawn commitments.

Contact Information

  • Contact:
    Joyce Ezaki
    818/409-3280