Associated Estates Realty News

Key Stats Company Profile Associated Estates Realty Corporation is a real estate investment trust that specializes in property management, acquisition, advisory, development, operation, and ownership ...

What: Jeffrey I. Friedman, Chairman, President and CEO of Associated Estates Realty Corporation will preside over the Opening Bell to celebrate the Company's dual listing on NASDAQ in addition to its current ...

A view out of the bombardier's position on a WWII vintage "Liberty Bell" B-17 Flying Fortress, looking west towards downtown Cleveland, Ohio from about Martin Luther King Blvd.

Categories: Real estate Associated Estates Realty Corp . plans to list its shares on the Nasdaq exchange, making the Richmond Heights company the first real estate investment trust to list its shares in two ...

The Bogese Companies, a commercial real estate firm, today announces it has completed the sale of a pair of multi-family properties in Central Virginia to Associated Estates Realty Corp. via Earth Times

“These are terrific properties in high barrier-to-entry markets and fit in well with our other Mid Atlantic properties”

Associated Estates Realty Corp. has bought for an undisclosed price The Belvedere and River Forest apartments, both of which are in the Richmond, Va., area. via Crain's Cleveland Business

“The owners and managers of the properties did a great job to get the occupancy above the averages in the market”

Associated Estates Realty Corp. has sold its four apartment communities here, as part of the company's efforts to move into other states and regions, to Empire Properties for $47 million. via GlobeSt.com

“This increased credit facility provides us with the enhanced flexibility to further our strategic objectives of repositioning the portfolio to faster growing markets and strengthening the Company's balance sheet.”

Associated Estates Realty Corporation announced today that it amended its $100 million senior unsecured revolving credit facility to increase the facility to $150 million and extend its maturity to March 20, ... via Huliq.com

“We are very proud of our legacy in the affordable housing business. Selling these communities is consistent with our strategic plan and allows us to continue to focus on the growth of our market-rate portfolio.”

The total of the sales prices reflects an overall capitalization rate of 8.5 percent, based on trailing 12 month net operating income and after $700 per unit of capital expenditures and a 3 percent management ... via KnowledgePlex.org News

A privately owned real-estate development firm, the K&D Group of Willoughby, announced Wednesday the purchase of 10 senior housing properties in Northeast Ohio for $43.3 million. via Akron Beacon Journal

The K&D Group , a Willoughby-based owner and manager of apartments, has purchased 10 senior housing properties in Northeast Ohio for $43.3 million. via Cleveland.com

“It is now up to the Supreme Court to decide whether or not to accept the case”

The Associated Press Monday, March 10, 2008; 7:02 AM BANGKOK, Thailand -- An anti-corruption body set up to investigate the activities of ousted Prime Minister Thaksin Shinawatra's government filed a court ... via The Washington Post

Posted by David Roberts at 2:23 PM on 03 Mar 2008 New across the transom, from Sierra Club : Today, Associated Electric Cooperative, one of the nation's largest and most respected rural electric cooperatives ... via Gristmill

“We don't see any concern or any problems”

By MARCIA DUNN The Associated Press Updated 02/29/08 - 1:47 PM NASA on Friday cleared space shuttle Endeavour for liftoff in less than two weeks on the longest space station visit ever. via Rock Hill Herald

Just recently, I got this bit in an email from the Redmond Developer News ezine: TWO IF BY SEA In the course of just over a week starting on Jan. via The Blog Ride

“It's probably not that big of an issue, but we're off looking at it”

HOUSTON_The astronauts aboard the linked shuttle and space station planned to inspect a small tear in one of Atlantis' thermal blankets on Sunday after their main job _ installing the Columbus lab _ was delayed ... via Customer Interaction Solutions

The Associated Press HOUSTON -- Two spacewalking astronauts floated out of a hatch on the international space station today to help install a new European lab, while a crewmate who was supposed to participate ... via Valley Morning Star

“Welcome to spacewalking buddy”

International Space Station Cmdr. Peggy Whitson, center, and Atlantis Cmdr. Steve Frick, far right, prepare astronaut Rex Walheim for a spacewalk today. via Detroit Free Press

By LIZ AUSTIN PETERSON Associated Press Writer HOUSTON -- The shuttle Atlantis geared up for a rendezvous with the international space station Saturday, preparing to perform a giant backflip that will let NASA ... via Valley Morning Star