Associated Estates Declares Common Share Dividend and Announces Participation in REITWeek 2012

CLEVELAND, May 31, 2012 /PRNewswire/ -- Associated Estates Realty Corporation (NYSE, NASDAQ: AEC) announced today that a quarterly dividend of $0.18 per share has been declared on the Company's common shares, payable August 1, 2012 to shareholders of record on July 13, 2012. 

The Company also announced that it will participate in REITWeek 2012, NAREIT's Investor Forum, being held from Tuesday, June 12 through Thursday, June 14 at the Hilton New York in New York City.

President and Chief Executive Officer Jeffrey I. Friedman will deliver the Company's presentation on Wednesday, June 13 from 2:15 PM to 2:45 PM EDT.  The presentation will be facilitated by Buck Horne of Raymond James & Associates.  Members of the Company's management team will be hosting scheduled meetings with investors throughout the conference.  A copy of all presentation materials will be accessible, beginning June 12, in the Investors section of Company's website at AssociatedEstates.com.

Associated Estates is a real estate investment trust ("REIT") and is a member of the Russell 2000 and the MSCI US REIT Indices.  The Company is headquartered in Richmond Heights, Ohio.  Associated Estates' portfolio consists of 54 properties containing 13,835 units located in ten states.  For more information about the Company, please visit its website at AssociatedEstates.com.

For more information, please contact:

Jeremy Goldberg
(216) 797-8715

SOURCE Associated Estates Realty Corporation

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