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HOUSTON-Based on Q1 2013 earnings, AmREIT reiterated its 2013 projected guidance, forecasting its core funds from operations at between $1.02 and $1.07 per share, and its funds from operations ranging from $0.93 to $0.98.

During Q1, the REIT’s core FFO available to common stockholders was $4.3 million ($0.27 per share), compared to $3.6 million ($0.31 per share) for the comparable period in 2012. Meanwhile, FFO available to common stockholders was $4.1 million ($0.26 per share) compared to $3.6 million ($0.31 per share) year over year. The 2013 FFO includes $164,000 in acquisition costs related to MacArthur Park joint venture with Goldman Sachs.

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