MCLEAN, Va., July 8 /PRNewswire-FirstCall/ -- JER Investors
Trust Inc. (Pink Sheets: JERT) ("JERT" or the "Company") released
the election results from the Company's 2010 annual meeting of
stockholders.
2010 Annual Meeting of Shareholders:
The Company's 2010 annual meeting of stockholders was held on
June 28, 2010 at 11:00 AM, Eastern Daylight Time, at the Courtyard
by Marriott-Tysons Corner, 1960-A Chain Bridge Road, McLean, Virginia 22102. At the 2010
annual meeting, the Company's stockholders elected three directors,
Joseph E. Robert, Jr., Daniel J. Altobello and Peter D. Linneman. Each director was
elected to serve until the 2011 annual meeting of stockholders and
until his respective successor is elected and duly qualified.
About JER Investors Trust Inc.
JER Investors Trust Inc. is a specialty finance company quoted
on the Pink Sheets that manages a portfolio of commercial real
estate structured finance products. JERT's investments include
commercial mortgage backed securities, mezzanine loans and
participations in mortgage loans and an interest in the JER US Debt
Co-Investment Vehicle, L.P. JERT is organized and conducts
its operations so as to qualify as a real estate investment trust
("REIT") for federal income tax purposes. For more
information regarding JERT, please visit
www.jerinvestorstrust.com.
Forward-Looking Statements
This press release does not constitute an offer of any
securities. Certain items in this press release may constitute
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. These statements
are based on management's current expectations and beliefs and are
subject to a number of trends and uncertainties that could cause
actual results to differ materially from those described in the
forward-looking statements. The Company can give no assurance that
its expectations will be attained. Factors that could cause actual
results to differ materially from the Company's expectations
include, but are not limited to, changes in the real estate and
capital markets, our ability to maintain existing financing
arrangements and other risks detailed in the Company's previously
filed Securities and Exchange Commission ("SEC") reports and other
press releases/ public filings made by the Company and/or available
at www.jerinvestorstrust.com. As previously disclosed, the
Company filed a Form 15 with the SEC on March 31, 2010 and has ceased to be an SEC
reporting company. Since the Company is no longer an SEC
reporting company, the information contained in previously filed
SEC reports is not current and circumstances may have changed
significantly since the dates of such filings. Any forward-looking
statements contained herein speak only as of the date of this press
release. The Company expressly disclaims any obligation to release
publicly any updates or revisions to any forward-looking statements
contained herein to reflect any change in the Company's
expectations with regard thereto or change in events, conditions or
circumstances on which any statement is based.
CONTACT:
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J. Michael McGillis
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Chief Financial Officer
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JER Investors Trust Inc.
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(703) 714-8000
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SOURCE JER Investors Trust Inc.