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REIT Comments |
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07/23/2010
AEC $14
Associated Estates AEC traded UP $0.28 per share to close UP +2% day
AEC outperformed Residential REITs, UP +20% year to date for 2010
AEC Residential REITs to benefit from improving employment trends through higher occupancy and lower tenant concessions
AEC previous guidance for FFO for 2010 indicated potential for (26%) decline on lower average rental rates
AEC a Residential REIT with a diverse portfolio apartment communities
AEC we rank 3 HOLD
AEC market cap $286 million
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