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Company Description (as filed with the SEC)
We are a fully-integrated, self-administered and self-managed equity real estate investment trust ("REIT") specializing in multifamily ownership, operation, acquisition, development, construction, disposition and property management activities. Our primary source of income is rental revenue. Additional income is derived from construction services. We own a taxable REIT subsidiary that performs construction services for our own account and for third parties. In 2011, we decided to exit the third party construction services business and we have substantially completed our work under all third party construction contracts. We intend to continue to provide general contracting and construction services for our own account in connection with the development of multifamily properties we will own and operate. During 2010, a second taxable REIT subsidiary completed its final asset management service contract for a third party owner. ... More ...
Where does AEC fit in the risk graph?
|Annual EPS Est:||$1.26|
|Quarterly EPS Est:||0.31|