About Associated Estates

Associated Estates Realty Corporation (NYSE, NASDAQ: AEC) is a real estate investment trust (REIT), headquartered in Richmond Heights, Ohio, a suburb of Cleveland. Associated Estates specializes in owning and managing apartment communities in the Midwest, Mid-Atlantic and Southeast regions of the country.Our portfolio consists of 52 properties containing 13,388 units located in eight states.

Associated Estates’ culture is driven by our mission to be recognized for unequaled commitment to resident service, employee satisfaction and investor value -- and to fulfilling our purpose: “Great Living –It’s What We Do.” We believe that success ultimately comes down to having the best people at our properties and at each level of the company who are empowered to provide superior customer service and shareholder value. We provide our employees with the training, tools and incentives to be competitive, while providing top-notch customer service. To complement our service focus we continually invest in our properties to enhance curb appeal, offer desirable amenities, and make our residents’ online experience convenient and easy.

Over the last several years, Associated Estates has delivered sector-leading performance. Associated Estates delivered the highest total return among the 12 apartment REITS for the five year period ending June 30, 2011. We have also outperformed the Russell 2000 and MSCI US REIT Indexes. Associated Estates also led all publicly traded apartment REITs since 2004 in average net operating growth for properties owned more than a year.