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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.
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Address: |
9200 E. Panorama Circle, Ste. 400 Englewood, CO 80112
| | Phone: | 303-708-5959 | | Fax: | 303-708-5999 |
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| Financial
Highlights | | Fiscal Year End: | December | | Revenue (2011): | 1117.70 M | | Revenue Growth (1 yr): | 7.20% | | Employees (2011): | 1,685 |
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Key People
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President and COO:
Charles E. (Chaz) Mueller Jr.
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EVP and Chief Development Officer:
Neil T. Brown
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