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Berkshire Income Realty to Pay Regular Cash Dividend on its Series A Preferred Stock



  Berkshire Income Realty to Pay Regular Cash Dividend on its Series A
  Preferred Stock

Business Wire

BOSTON -- January 31, 2013

Berkshire Income Realty, Inc. (NYSE Amex Equities: BIR.PR.A)(NYSE Amex
Equities: BIR_PA)(NYSE Amex Equities: BIRPRA)(NYSE Amex Equities: BIR-A)(NYSE
Amex Equities: BIR.A)(NYSE Amex Equities: BIR/PRA) (the “Company”) announced
today that it will pay its regular quarterly cash dividend of $0.5625 on each
share of its 9% Series A Cumulative Redeemable Preferred Stock on February 15,
2013, to shareholders of record on February 11, 2013. The regular cash
dividend payable on the Series A Preferred Stock is payable on February 15,
May 15, August 15 and November 15 of each year.

The Company is a Real Estate Investment Trust (“REIT”) whose objective is to
acquire, own, operate, develop and rehabilitate multifamily apartment
communities. The Company owns interests in twenty-one multifamily apartment
communities and two development projects, of which six are located in the
Baltimore/Washington, D.C. metropolitan area; four are located in Houston,
Texas; three are located in Dallas, Texas; three are located in Virginia; and
one is located in each of Austin, Texas; Atlanta, Georgia; Sherwood, Oregon;
Tampa, Florida; Philadelphia, Pennsylvania; Walnut Creek, California; and
Denver, Colorado.

This press release may contain “forward-looking statements,” within the
meaning of the Private Securities Litigation Reform Act of 1995, about the
Company. These statements involve a number of risks and uncertainties that
could materially affect future results. Among these risk factors are the ones
listed in the Company’s periodic reports filed with the Securities and
Exchange Commission, including without limitation the Company’s Annual Report
on Form 10-K for the fiscal year ended December 31, 2011 and Quarterly Report
on Form 10-Q for the periods ended March 31, 2012, June 30, 2012 and September
30, 2012.

Contact:

Berkshire Income Realty, Inc.
Stephen Lyons, 1-617-574-8367
Facsimile: 1-617-574-8312
stephen.lyons@bpadv.com
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