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Contact: Joyce Ezaki
818/409-3280

AMERICAN REALTY ADVISORS EARNS PRESTIGIOUS

ENERGY STAR® LABEL FOR TWO SOUTHERN CALIFORNIA PROPERTIES




GLENDALE, Calif. -- (Market Wire) -- May 5, 2009 - American Realty Advisors announced today that 200 South Los Robles and 21900 Burbank Blvd., two high profile office buildings located in the Los Angeles MSA, have each earned the prestigious U.S. Environmental Protection Agency's ENERGY STAR label. The ENERGY STAR designation signifies that these buildings are now in an elite group of properties nationwide that have instituted innovative and meaningful energy efficient initiatives.

The management at 200 South Los Robles recently installed four new HVAC compressor units of the Turbo-Cor Twin-Turbine Centrifugal system, increasing energy efficiency of the HVAC system by approximately 53%. The newly installed HVAC units at 21900 Burbank Blvd. are approximately 50% more efficient than the previous units resulting in a 15% overall energy savings for the building. In addition, the Energy Management System at both properties employ optimal "start and stop" capability allowing management to monitor both outside and inside air temperature for optimized energy management, while also significantly reducing energy costs and greenhouse gas emissions.

Stanley Iezman, President and CEO of American, stated, "Being an ENERGY STAR Partner and pursuing alternative energy efficient programs is a primary goal of American's management vision so that our clients' properties show continued improvement in energy consumption, financial performance, and environmental impact. Achieving the ENERGY STAR label is not an easy task. American currently has ten properties with this label and will continue to take an active role in similar environmentally conscious programs not only in our role as investment manager but also as a responsible corporate citizen in our community."

About American Realty Advisors
American Realty Advisors, a California corporation, is an SEC-registered investment advisor under the Investment Advisers Act of 1940 and a leading provider of real estate investment management services to institutional investors. With more than $4.2 billion* in assets under management, American has provided innovative real estate solutions to institutional investors for over 20 years utilizing core and value-added commingled funds and separate accounts. The firm's portfolios include office, industrial, multi-family, retail and other properties nationwide. Information regarding American can be found online at www.americanreal.com.

About ENERGY STAR
ENERGY STAR is a joint program of the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy that helps companies reduce energy costs and protect the environment through energy efficient products and practices. An ENERGY STAR qualified facility meets strict energy performance standards set by the EPA and uses less energy, is less expensive to operate, and emits fewer greenhouse gas emissions than its peers.

*Assets under management represent gross value of all assets and accounts managed by American as of December 31, 2008 (excluding partners' share of equity and partner's share of debt on partnership investments).

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