| Business Summary | | Associated
Estates
Realty
Corporation
is
a
fully
integrated,
multi-family
real
estate
company
engaged
in
property
acquisition,
advisory,
development,
management,
disposition,
operation
and
ownership
activities.
The
Company
owns
properties,
and/or
operates
properties,
in
14
states
across
the
United
States.
Its
portfolio
consists
of
a
total
of
136
properties. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | AEC
is
a
REIT
engaged
in
property,
acquisition,
advisory
and
development
management,
disposition,
operation
and
ownership
activities.
For
the
six
months
ended
6/30/01,
revenues
rose
2%
to
$79.6
million.
Net
loss
applicable
to
Common
fell
94%
to
$322
thousand.
Revenues
reflect
an
increase
in
both
economic
occupancy
and
average
monthly
unit
rents
at
the
Market
Rate
properties.
Lower
loss
reflects
a
decrease
in
payroll
and
related
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Jeffrey Friedman, 49 Chairman,
CEO | $596K | Louis Vogt, 51 Pres,
COO, Director | 365K | Lou Fatica CFO, VP, Controller | -- | Martin Fishman, 59 VP,
Gen. Counsel and Sec. | 314K | Kathleen Gutin, 44 CIO,
VP & CFO of the Company's subsidiary, MIG Realty Advisors | 256K | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|