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Press Releases
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Associated Estates Realty Corporation Rating Raised by S&P
Jul 10, 2007
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CLEVELAND, July 10, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Associated Estates Realty Corporation (NYSE: AEC) announced today that Standard & Poor's has raised its corporate credit rating on the Company from B to B+ and raised the firm's preferred stock rating from CCC to CCC+. At the same time, S&P revised the Company's outlook from...
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Associated Estates Realty Corporation Announces Details Regarding Second Quarter Conference Call
Jul 2, 2007
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CLEVELAND, July 2, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Associated Estates Realty Corporation (NYSE: AEC) announced today that the Company's second quarter 2007 earnings are scheduled for release on Thursday, July 26, 2007, before the market opens. Promptly following the news wire release, the earnings announcement and supplementa...
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Associated Estates to Join Russell 3000 Index
Jun 14, 2007
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CLEVELAND, June 14, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Associated Estates Realty Corporation (NYSE: AEC) announced today that it is set to join the broad- market Russell 3000(R) Index when Russell Investment Group reconstitutes its comprehensive set of U.S. and global equity indexes on June 22, according to a preliminary list of...
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Associated Estates Realty Corporation Declares Common Share Dividend
Jun 13, 2007
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CLEVELAND, June 13, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Associated Estates Realty Corporation (NYSE: AEC) announced today that a quarterly dividend of $0.17 per share has been declared on the Company's common shares, payable on August 1, 2007 to shareholders of record on July 13, 2007.
Associated Estates Realty Corporation is...
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Associated Estates Acquires 268-Unit Property in Norfolk, Plans to Acquire 100% Interest in Atlanta Area Joint Venture
Jun 11, 2007
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CLEVELAND, June 11, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Associated Estates Realty Corporation (NYSE: AEC) announced today the acquisition of Bristol at Ghent, a 268-unit, class AA community in Norfolk, VA. The property is located in a highly desirable, supply-constrained area a few blocks north of the central business district. T...
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Associated Estates Realty Corporation to Host Rededication Ceremony
Jun 8, 2007
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Cleveland, Ohio – June 8, 2007 – Associated Estates Realty Corporation (NYSE: AEC) announced today that it will host a Rededication Ceremony for the Euclid Beach Arch, a historical landmark in the heart of Cleveland, on Tuesday, June 12, at 10:30 a.m.
The festivities, which will take place at the Euclid Beach Arch, locate...
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Associated Estates Realty Corporation Completes Sale of Non-Core Midwest Asset
May 31, 2007
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CLEVELAND, May 31, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Associated Estates Realty Corporation (NYSE: AEC) announced today the sale of North Pointe, a high-rise apartment community located on the shores of Lake Erie in Euclid, Ohio, a suburb of Cleveland. The property, built in 1971, consists of two, 22-story towers, totaling 949 u...
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Associated Estates Realty Corporation Declares Preferred Share Dividend
May 2, 2007
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CLEVELAND, May 2, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Associated Estates Realty Corporation announced today that a quarterly dividend of $0.54375 per one- tenth depositary share has been declared on the Company's 8.70% Class B Series II Cumulative Redeemable Preferred Shares (NYSE: AECPRB), payable on June 15, 2007 to shareholder...
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Associated Estates Realty Corporation Reports First Quarter Results
Apr 26, 2007
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CLEVELAND, April 26, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Associated Estates Realty Corporation (NYSE: AEC) today reported a net loss applicable to common shares of $812,000 or $0.05 per common share (basic and diluted), for the first quarter ended March 31, 2007, compared with a net loss applicable to common shares of $8.9 millio...
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Associated Estates Secures $100 Million Senior Unsecured Revolving Credit Facility: Provides Greater Flexibility to Grow the Business
Apr 25, 2007
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CLEVELAND, April 25, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Associated Estates Realty Corporation (NYSE: AEC) announced today that it has replaced two smaller secured lines of credit with a $100 Million Senior Unsecured Revolving Credit Facility. The Credit Facility initially bears interest at LIBOR plus a spread of 160 basis points...
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Associated Estates Realty Corporation Announces Details Regarding First Quarter Conference Call
Apr 24, 2007
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CLEVELAND, April 5, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Associated Estates Realty Corporation (NYSE: AEC) announced today that the Company's first quarter 2007 earnings are scheduled for release on Thursday, April 26, 2007, before the market opens. Promptly following the news wire release, the earnings announcement and supplement...
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Associated Estates Realty Corporation Announces Details Regarding First Quarter Conference Call
Apr 5, 2007
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CLEVELAND, April 5, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Associated Estates Realty Corporation (NYSE: AEC) announced today that the Company's first quarter 2007 earnings are scheduled for release on Thursday, April 26, 2007, before the market opens. Promptly following the news wire release, the earnings announcement and supplement...
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Associated Estates to Participate in Credit Suisse Conference
Apr 2, 2007
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RICHMOND HEIGHTS, Ohio, April 2, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Associated Estates Realty Corporation (NYSE: AEC) today announced that the Company will participate in the 8th Annual Credit Suisse Real Estate Conference being held on April 10-12 at 11 Madison Avenue in New York City. Associated Estates' presentation will be g...
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Associated Estates Realty Corporation Declares Common Share Dividend
Mar 15, 2007
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CLEVELAND, March 15, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Associated Estates Realty Corporation (NYSE: AEC) announced today that a quarterly dividend of $0.17 per share has been declared on the Company's common shares, payable on May 1, 2007 to shareholders of record on April 13, 2007.
Based in Richmond Heights, Ohio, Associat...
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Associated Estates Realty Corporation Hires Vice President of Investor Relations & Corporate Communications
Mar 1, 2007
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CLEVELAND, March 1, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Associated Estates Realty Corporation (NYSE: AEC) announced today that Michael K. Lawson joined the Company as the Vice President of Investor Relations and Corporate Communications, effective March 1.
Prior to joining AEC, Lawson was the principal of the MKL Group, a ful...
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Associated Estates Realty Corporation Completes Sale to Exit Congregate Care Business
Feb 22, 2007
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CLEVELAND, Feb 22, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Associated Estates Realty Corporation (NYSE: AEC) announced today the sale of a 120-unit, non-core Midwest apartment property, located in Mayfield Heights, Ohio.
"The disposition of this asset is in line with the Company's plan to exit the congregate care business," said ...
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Associated Estates Realty Corporation Reports Fourth Quarter Results
Feb 8, 2007
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CLEVELAND, Feb 08, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Associated Estates Realty Corporation (NYSE: AEC) today reported net income available to common shareholders of $12.1 million, or $0.71 per share, for the fourth quarter ended December 31, 2006, compared with net income available to common shareholders of $23.2 million, or $1...
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Associated Estates Realty Corporation Announces Details Regarding Fourth Quarter Conference Call
Feb 6, 2007
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CLEVELAND, Jan 18, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Associated Estates Realty Corporation (NYSE: AEC) announced today that the Company's fourth quarter 2006 earnings are scheduled for release on Thursday, February 8, 2007, before the market opens. Promptly following the news wire release, the earnings announcement and suppleme...
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Associated Estates Realty Corporation Announces 2006 Tax Allocations of Common and Preferred Share Dividends
Jan 24, 2007
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Cleveland, Ohio – January 24, 2007 – Associated Estates Realty Corporation announced today the 2006 tax allocations of the dividends paid by Associated Estates Realty Corporation on the Company's common and preferred shares.
The schedules below are provided for informational purposes and should only be used by shareh...
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Associated Estates Realty Corporation Declares Preferred Share Dividend
Jan 22, 2007
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9.3 KB
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CLEVELAND, Jan 22, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Associated Estates Realty Corporation announced today that a quarterly dividend of $0.54375 per one- tenth depositary share has been declared on the Company's 8.70% Class B Series II Cumulative Redeemable Preferred Shares (NYSE: AECPRB), payable on March 15, 2007 to sharehold...
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Corporate Governance
