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Archstone (formerly Archstone-Smith) is the cornerstone of Tishman Speyer and Lehman Brothers' real estate partnership. Acquired by Tishman and Lehman for $22 billion in 2007, the firm is one of the largest apartment investment companies in the US. It owns about 84,000 apartment units in areas such as Washington, DC (about 40% of its portfolio); California; New York; Seattle; and Boston. The company also offers extended-stay properties through Oakwood Worldwide. Development and investment advice is offered through its Archstone Real Estate Advisory Services arm. Lehman's filed for bankruptcy in 2008 and could sell some $32 billion in real estate assets.
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Address: |
9200 E. Panorama Cir., Ste. 400
Englewood, CO 80112
| | Phone: | 303-708-5959 | | Fax: | 303-708-5999 |
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| Financial
Highlights | | Fiscal Year End: | December |
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Key People
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Chairman and CEO:
R. Scot Sellers
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COO:
Charles E. (Chaz) Mueller Jr.
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CFO:
Gerald R. (Gerry) Morgan
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