New York City-Jeff Friedman, chairman and CEO of Richmond Heights, OH-based Associated Estates Realty Corp., accompanied by members of his management team, rang the NASDAQ closing bell yesterday afternoon.
Friedman’s visit to the NASDAQ Marketsite was followed by a presentation about Associated Estates at NAREIT’s REITWorld 2010. This annual real estate convention is taking place at the locally based Waldorf-Astoria Hotel.
Associated Estates specializes in the ownership and management of apartment communities in high barrier-to-entry submarkets in the Midwest, Mid-Atlantic and Southeast regions. Its portfolio consists of 51 properties with a total of 13,198 units located in eight states. Associated Estates is the only REIT listed on both the NASDAQ and the New York Stock Exchange.
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