Btr Earnings Drop

August 26, 1991

BTR Realty, Inc. a nationwide owner and operator of shopping centers, offices and industrial buildings, has announced the company's earnings before depreciation, amortization and deferred taxes from operating properties was $1,808,720 for the six months ended June 30, 1991.

The Linthicum-based firm earned $3,202,022 for the same period in 1990, and attributes the drop in income to higher operating costs, high vacancy levels in its properties, and costs due to the bankruptcy of two tenants last year.

Information: 684-2000.

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