New York City-Jeff Friedman, chairman and CEO of RichmondHeights, OH-based Associated Estates Realty Corp., accompanied bymembers of his management team, rang the NASDAQ closing bellyesterday afternoon.
Friedman’s visit to the NASDAQ Marketsite was followed by apresentation about Associated Estates at NAREIT’s REITWorld2010. This annual real estate convention is taking place atthe locally based Waldorf-Astoria Hotel.
Associated Estates specializes in the ownership and managementof apartment communities in high barrier-to-entry submarkets in theMidwest, Mid-Atlantic and Southeast regions. Its portfolio consistsof 51 properties with a total of 13,198 units located in eightstates. Associated Estates is the only REIT listed on both theNASDAQ and the New York Stock Exchange.
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