Associated Estates Realty News

's stock had its "buy" rating restated by equities researchers at Compass Point in a report issued on Tuesday.

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Associated Estates Realty Corporation today announced that it will expand to Southern California by building apartments on Wilshire Boulevard in the highly desirable Miracle Mile submarket of Los Angeles.

Associated Estates Realty Corporation reported its results for the first quarter.

Occupancy levels and rents are rising at properties owned by Associated Estates Realty Corp., as the company reaps the benefits of a fragile housing market and strong demand for apartments.