AMERICAN REALTY ADVISORS ACQUIRES RETAIL CENTER IN DUTCHESS COUNTY, NEW YORK

POUGHKEEPSIE, New York, – March 4, 2015 – (RealEstateRama) — American Realty Advisors, an institutional real estate investment manager with approximately $6.7 billion in assets under management, has acquired the Shoppes at South Hills, a grocery-anchored retail power center in Poughkeepsie, New York. This asset was acquired in a joint venture with DLC Management Corporation, a privately-held, vertically-integrated owner, operator, and manager of shopping centers throughout the United States