February 15, 2002
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| ARTHUR ANDERSEN LLP |
Office of the Chief Accountant |
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|
Securities and Exchange Commission |
| Suite 1300 |
450 Fifth Street, N.W. |
| 711 Louisiana Street |
Washington, D.C. 20549 |
| Houston, TX 77002-2786 |
Dear Sir/Madam:
We have read paragraph (a) of Item 4 included in the Form 8-K dated February 8, 2002 of American Spectrum Realty, Inc. (the Company) to be filed with the Securities and Exchange Commission and are in agreement with the statements contained therein, with the exception of the reference to the approval by the Company’s audit committee of the Board of Directors of the decision to consider changing independent auditors, of which we have no knowledge.
Very truly yours,
/s/ Arthur Andersen LLP
cc: Mr. Timothy R. Brown, Chairman of the Audit Committee, American Spectrum Realty, Inc.
Mr. William J. Carden, President, American Spectrum Realty, Inc.