Item 1.01 Entry into a Material Definitive Agreement.

Roberts Realty Investors, Inc., the registrant, has a $8,175,000 loan from Wachovia Bank, N.A. that was scheduled to mature on April 30, 2009. As of April 27, 2009, Wachovia agreed to extend the maturity date of the loan to July 31, 2009. Roberts Realty paid Wachovia an extension fee of $10,219, or 12.5 basis points. Except the extension of the maturity date as noted above, there were no other changes to the terms of the loan.

A copy of the letter agreement from Wachovia extending the maturity date of the loan is attached as Exhibit 10.1 to this Current Report on Form 8-K.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No. Exhibit

10.1 Letter Agreement from Wachovia Bank, N.A. dated April 27, 2009.