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

CLEVELAND, Sept. 24, 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 November 1, 2012 to shareholders of record on October 15, 2012. 

The Company also announced that it will participate in REITWorld 2012, NAREIT's annual convention, being held from Tuesday, November 13 through Thursday, November 15 at the Manchester Grand Hyatt in San Diego, CA.  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 November 13, 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 53 properties containing 14,114 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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