MCLEAN, Va., April 18 /PRNewswire-FirstCall/ -- JER Investors Trust Inc.(NYSE: JRT) announced that its Board of Directors approved the declaration ofa regular quarterly cash dividend on its common stock of $0.30 per commonshare for the quarter ending March 31, 2008. The regular cash dividend of$0.30 per share represents a $0.15 per share decrease from the previousquarter's regular cash dividend of $0.45 per share. This decrease reflects theCompany's sale of certain income producing assets and its continued focus onpreserving liquidity. The dividend is payable on May 6, 2008 to shareholdersof record on May 1, 2008. The ex-dividend date is April 29, 2008.
About JER Investors Trust Inc.
JER Investors Trust Inc. is a New York Stock Exchange listed specialtyfinance company that originates and acquires commercial real estate structuredfinance products. The Company's target investments include commercial mortgagebacked securities, mezzanine loans, first mortgage loan participations, B-Noteparticipations in mortgage loans, commercial mortgage loans and net leasedreal estate investments. JER Investors Trust Inc. is organized and conductsits operations so as to qualify as a REIT for federal income tax purposes.
For more information regarding JER Investors Trust Inc. please visithttp://www.jer.com.
Forward-Looking Statements:
Certain items in this press release may constitute forward-lookingstatements within the meaning of the Private Securities Litigation Reform Actof 1995. These statements are based on management's current expectations andbeliefs and are subject to a number of trends and uncertainties that couldcause actual results to differ materially from those described in the forward-looking statements. JER Investors Trust can give no assurance that itsexpectations will be attained. Factors that could cause actual results todiffer materially from JER Investors Trust's expectations include, but are notlimited to, changes in the real estate and bond markets, our continued abilityto source new investments, and other risks detailed from time to time in JERInvestors Trust's SEC reports. Such forward-looking statements speak only asof the date of this press release. JER Investors Trust expressly disclaims anyobligation to release publicly any updates or revisions to any forward-lookingstatements contained herein to reflect any change in JER Investors Trust'sexpectations with regard thereto or change in events, conditions orcircumstances on which any statement is based.
J. Michael McGillis, Chief Financial Officer of JER Investors Trust Inc. 703-714-8182
Brent Feigenbaum Director and Chief Marketing Officer 212-659-6458
Jim O'Leary Vice President, Edelman Public Relations 917-449-8806
SOURCE JER Investors Trust Inc.
