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Home > Company Index > Real Estate > REIT - Residential > Associated Estates Realty Corporation
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Associated Estates Realty Corporation |
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NEWS FROM THE WIRES |
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Ecuador jungle town opposes new pipeline terminal Aug 15 2001 02:13 PM PDT
Associated Estates Q2 FFO up 5 percent Aug 09 2001 06:03 AM PDT
Williams to develop natgas storage facility in La. Aug 08 2001 02:31 PM PDT
Remote Canadian bog yields huge natural gas finds Aug 02 2001 02:40 PM PDT
Syncrude Canada cuts 2001 production target Jul 26 2001 11:20 AM PDT
> More WIRE STORIES about this company
PROFILE |
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Associated Estates is a real estate investment trust (REIT) which owns or manages about 135 rental apartment properties containing nearly 32,000 units. About two-thirds of its portfolio is in Ohio, primarily in the Cleveland/Akron and Columbus metropolitan areas, but the REIT is seeking to diversify geographically and has targeted Florida and the Atlanta and Washington, DC, metropolitan areas as ripe for investment. Through its MIG Realty Advisors subsidiary, the company also manages property investments for institutional investors. In addition to conventional apartment facilities (more than 90% of rental revenues), the company owns and manages HUD-subsidized properties and communities for the elderly.
COMPETITION |
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Apartment Investment and Management Company (AIV)
Equity Residential Properties Trust (EQR)
Home Properties of New York, Inc. (HME)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 164.60
1-Yr. Sales Growth: (8.0)%
Employees: 984
Revenue per employee: $167,276.42
KEY PEOPLE |
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Jeffrey I. Friedman
CEO
Lou Fatica
CFO
CONTACT INFO |
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5025 Swetland Ct.
Cleveland, OH 44143
US
Phone: 216-261-5000
Fax: 216-289-6400
Online: Web Site
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