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Posts Tagged ‘East Coast’

June 4th, 2012

Spotlight on REITs: American Real Estate Investment Corp

(Money Manager) - American Real Estate Investment Corp: This Company specializes in acquiring apartments and other residential properties; it operates as a Real Estate Investment Trust which means that it does not have to pay income taxes on a large portion of its profits, as it goes straight to the share holders every quarter. This company is based on the East Coast but was founded in Denver Colorado, this company was first a private company and then it later went public. REIT’s where the investment of choice in the 1980’s and 1990’s and became a risky business as 2000 approached, many stock holders and investors put their money elsewhere, in safer investments when the real estate market crashed.

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April 30th, 2012

Spotlight on REITs: Apartment Investment and Management CO

(Money Manager) - Apartment Investment and Management: This real estate investment trust specializes in apartment acquisitions; it will also manage and run the apartment complexes and buildings. Apartment Investment and Management was founded in 1975, and is based in Denver, Colorado.

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