Associated Estates Declares Common Share Dividend

CLEVELAND, Sept. 13 /PRNewswire-FirstCall/ -- Associated Estates Realty Corporation (NYSE, Nasdaq: AEC) announced today that a quarterly dividend of $0.17 per share has been declared on the Company's common shares, payable November 1, 2010 to shareholders of record on October 15, 2010.

Associated Estates is a real estate investment trust ("REIT") and is a member of the Russell 2000. The Company is headquartered in Richmond Heights, Ohio. Associated Estates' portfolio consists of 50 properties containing 12,730 units located in eight states. For more information about the Company, please visit its website at www.AssociatedEstates.com.

SOURCE Associated Estates Realty Corporation

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