Roberts Realty Investors, Inc. - RPI- Profile

Roberts Realty Investors, Inc.. The Group's principal activity is to own and operate multifamily residential properties. The Group is a self-administered, self-managed equity real estate investment trust. The business of the Group is conducted through Roberts Properties Residential, L.P. The Group has elected to be taxed as a real estate investment trust under the Internal Revenue Code of 1986, as amended. At 30-Jun-2006, the Group owned two multifamily apartment communities totalling 403 residential units in the Atlanta metropolitan area, four retail centers totaling 151,527 square feet, a 37,864 square foot commercial office building, five tracts of undeveloped land totaling 100 acres in various phases of development and two tracts of undeveloped land totaling 45 acres that are held for investment. The Group operates throughout United States. A self-administered, self-managed equity real estate investment trust, which owns & operates multifamily residential properties