DRA CRT Acquisition Corp. (formerly CRT
Properties Inc.) Declares Quarterly Dividend for
February 12, 2010 01:53 PM Eastern Time
NEW YORK--(EON: Enhanced Online News)--The Board of Directors of DRA CRT Acquisition Corp. (the
“Company”, formerly CRT Properties Inc.), declared a regular quarterly cash dividend payment of $0.53125 per
share on its 8.5% Series A Cumulative Redeemable Preferred stock to be paid on March 15, 2010 to shareholders
of record on March 1, 2010.
The Company’s 8.5% Series A Cumulative Redeemable Preferred Stock has been listed on the Pink Sheets, a
centralized quotation service that collects and publishes market maker quotes for certain securities. The Pink Sheets
trading symbol for the Company’s 8.5% Series A Cumulative Redeemable Preferred Stock is DCAQP.
On September 27, 2005, the merger of CRT Properties, Inc. (“CRT Properties”) with and into the Company, an
investment fund managed by DRA Advisors LLC (“DRA”), was completed. Upon the completion of the merger,
CRT Properties’ 8.5% Series A Cumulative Redeemable Preferred Stock was automatically converted on a 1:1
basis into shares of 8.5% Series A Cumulative Redeemable Preferred Stock of the Company and was de-listed
from the New York Stock Exchange. The Company no longer files periodic and other reports with the Securities
and Exchange Commission. The Company’s 8.5% Series A Cumulative Redeemable Preferred Stock has no
mandatory redemption features and is perpetual.
Additional information regarding the Company’s 8.5% Series A Cumulative Redeemable Preferred Stock will be
provided by DRA as it becomes available and is available on DRA’s website at www.draadvisors.com.
About DRA Advisors LLC
DRA Advisors LLC is a New York-based registered investment advisor specializing in real estate investment
management services for institutional and private investors, including pension funds, university endowments,
foundations and insurance companies. Founded in 1986, the firm currently manages