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Last updated on April 17, 2014 at 8:56 EDT

Capital Automotive LLC Declares Quarterly Preferred Unit Distributions

April 29, 2011

MCLEAN, Va., April 29, 2011 /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 February 1, 2011 and ending April 30, 2011 of $0.46875 per Series A Cumulative Redeemable Preferred Unit of the Company, payable on May 16, 2011 to holders of record as of May 2, 2011.

The Board of Managers has also declared a dividend for the period commencing February 1, 2011 and ending April 30, 2011 of $0.50 per Series B Cumulative Redeemable Preferred Unit of the Company, payable on May 16, 2011 to holders of record as of May 2, 2011.

About Capital Automotive

Capital Automotive, headquartered in McLean, Virginia, is a 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 http://www.capitalautomotive.com.

Contact Information
David S. Kay
Executive Vice President, Chief Financial Officer and Treasurer
Capital Automotive Real Estate Services, Inc.
703.394.1302

SOURCE Capital Automotive LLC


Source: newswire