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The company was formed by the 1998 merger between Avalon Properties Inc. and Bay Apartment Communities Inc. [3] [4] [5] The merged company owned 40,506 apartment units. [3] Avalon Properties was formed in 1993 as a spinoff from Trammell Crow Company and was led by Richard Michaux, as Chairman and CEO, and Chuck Berman, President, COO and Board ...
Parts of this article (those related to any unsourced property listings, since many may have changed ownership or country sections may be incomplete) need to be updated. Please help update this article to reflect recent events or newly available information. (September 2021)
The property owner in this case signs a property management agreement with the company, giving the latter the right to let it out to new tenants and collect rent. The owners don't usually even know who the tenants are. The property management company usually keeps 10-15% of the rent amount and shares the rest with the property owner.
Essex Property Trust is a publicly traded real estate investment trust that invests in apartments in California and in the Seattle metropolitan area. [ 1 ] As of December 31, 2023, the company owned interests in 252 apartment complexes, aggregating 61,997 apartment units, and 3 commercial office buildings, comprising 283,000 square feet.
Atria Management Company, LLC (AMC) is a subsidiary of Atria Senior Living, Inc. (ASL). [1] Atria Management Company manages independent living, assisted living, and memory care communities in more than 200 locations in 38 U.S. states. In Canada, Atria manages 29 independent living communities in seven Canadian provinces.
Shimao Group Holdings Ltd. (SEHK: 813), formerly Shimao Property Holdings Ltd. (Chinese: 世茂集团控股有限公司), is a diversified real estate development company that specializes in property development, property investment, and hotel operations in the People's Republic of China.