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Associated Estates Realty Corp.
Ticker Symbol: AEC* CUSIP: 045604105 Exchange: NYSE
* NOTE: This security is no longer trading as of 8/07/2015
Company's Online Profile
BUSINESS: Associated Estates Realty Corporation is a real estate investment trust ("REIT") headquartered in Richmond Heights, Ohio, a suburb of Cleveland.
Associated Estates focuses on long-term performance, with a proven track record of delivering strong, predictable returns to their shareholders. Associated Estates' portfolio consists of 51 properties containing 13,107 units located in ten states. Shares are dual listed on the New York Stock Exchange and the NASDAQ and trade under the symbol AEC. Associated Estates is a member of the Russell 2000 and the MSCI US REIT Index.
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Notes: Aug. 7, 2015 -- Associated Estates Realty Corp. is pleased to announce the successful completion of the acquisition of Associated Estates by a real estate fund managed by Brookfield Asset Management Inc. (NYSE/TSX: BAM; Euronext: BAMA). Brookfield acquired all outstanding shares of common stock of Associated Estates for $28.75 per share in cash. The transaction is valued at approximately $2.5 billion including the assumption of debt. Effective prior to the opening of trading today, August 7, 2015, Associated Estates common shares will cease trading on the NYSE or on the NASDAQ.
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Mid Cap Stock -
Market Value $891.0 Million
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Company's Online Information Links
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| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Address and Phone Numbers |
| Address: 1 AEC Parkway, Richmond Heights, OH 44143 |
| Main Phone Number |
216-261-5000 |
| Fax Number |
216-289-9600 |
| Investor Relations
Jeremy Goldberg
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216-797-8715
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Toll Free Phone Number |
Unknown |
| CEO - Jeffrey I. Friedman |
CFO - Lou Fatica |
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