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Industry Center - Real Estate Development
Industry Center > Real Estate Development > Archstone Inc. Company Profile
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Archstone Inc. Company Profile
Archstone strives to be the cornerstone of the apartment investment business. The company owns more than 180 communities (some 59,000 individual units) in areas such as Washington, DC, Los Angeles, San Francisco, New York, Seattle, Southeast Florida, and Boston, as well as Europe. It also owns stakes in 30 communities under development. Archstone boasts modern properties with units that rent for a monthly average of more than $2,400; rents go up to more than $5,000 a month. Properties range from high-rise to garden-style apartments. Development and investment advice is offered through its Archstone Real Estate Advisory Services arm. Lehman Brothers Holding owns Archstone, which filed to go public in 2012.
Contact Information
Address: 9200 E. Panorama Circle, Ste. 400
Englewood, CO 80112
Financial Highlights
Fiscal Year End:December
Key People
CEO and Director: R. Scot Sellers
President and COO: Charles E. (Chaz) Mueller Jr.
CFO: R. Webster Neighbor
Industry Information
Sector: Financial
Industry: Real Estate Development
Top Competitors
Apartment Investment and Management Company (aiv)
Boston Capital Corporation
Equity Residential (eqr)

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