BALTIMORE, Dec. 17 /PRNewswire-FirstCall/ -- Sinclair Broadcast Group,
Inc. (Nasdaq: SBGI), announced today that they have made a $3.1 million
cash investment, for an approximate 9.75% ownership interest, in Preston
Hills Apartments in Atlanta, Georgia and Lakeshore Apartments in
Indianapolis, Indiana. Both properties are managed by Harbor Group
International, LLC.
About Harbor Group International, LLC
Harbor Group International, LLC holds an investment portfolio in excess
of $2 billion, including over 6.5 million square feet of office space
throughout the United States, Canada and the United Kingdom, and more than
12,000 apartment units in the U.S. The Company maintains offices in
Norfolk, New York, Chicago, London, and Tel Aviv.
About Sinclair
Sinclair Broadcast Group, Inc., one of the largest and most diversified
television broadcasting companies, owns and operates, programs or provides
sales services to 57 television stations in 35 markets. Sinclair's
television group reaches approximately 22% of U.S. television households
and is affiliated with all major networks. Sinclair also holds investments
in various other lines of businesses. For more information, visit the
Sinclair website at http://www.sbgi.net.
SOURCE Sinclair Broadcast Group, Inc.
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Related links:
http://www.sbgi.net
CONTACT:
David Amy, EVP & CFO of Sinclair Broadcast
Group, Inc., +1-410-568-1500
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