ARLINGTON, Va., Jan. 23 /PRNewswire/ -- The Board of Directors of Charles
E. Smith Residential Realty, Inc., (NYSE: SRW), the nation's leading urban
multifamily REIT, declared today a dividend of $0.585 per share for the
quarter ended December 31, 2000. The dividend will be payable on February 15,
2001, to shareholders of record as of February 7, 2001.
Charles E. Smith Residential Realty, Inc. is a self-managed real estate
investment trust listed on the New York Stock Exchange under the symbol "SRW."
The Company and its subsidiaries and affiliates own, acquire, develop, and
manage multifamily residential units in Washington, D.C., Northern Va.,
Chicago, Boston, and Southeast Fla. The Company owns or has an interest in
approximately 28,000 units and has another 1,600 units under construction or
subject to pre-purchase agreements. The total market capitalization of the
Company -- Charles E. Smith Residential Realty, Inc. including its Operating
Partnership -- exceeds $3 billion.
Investor information, including press releases about Charles E. Smith
Residential Realty, is available on the Company's web site at
http://www.charlesesmith.com and also through PR Newswire Company News on Call
by fax at 1-800-758-5804, ext. 101271, or at http://www.prnewswire.com .
SOURCE Charles E. Smith Residential Realty, Inc.
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Related links:
http://www.charlesesmith.com
CONTACT:
Investors: Greg Samay, 703-769-1029, or
Media: Susan Goyette, 703-769-6746, both of Charles E. Smith
Residential Realty, Inc.
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