DETROIT-The Ann Arbor-based REIT specializing in long-term net-leased restaurant and retail properties declared a 38-cents-per-share dividend for the fourth quarter, in line with what it paid out through the fourth quarter of 1999.
Captec is a real estate investment trust that invests in long-term net-leased restaurant and retail properties. As of Sept. 30, Captec owned and/or managed a diversified portfolio of 252 free-standing restaurant, retail and entertainment properties throughout the United States.
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