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| Post Properties A Residential REIT Info For Period Ending 6/30/2008 |
Copyrights 2006-2007 SGM Publishing |
| Update 8/14/2008 |
Post Properties, Inc., a real estate investments trust
(REIT), together with its subsidiaries, engages in the
development, ownership, and management of
multifamily apartment communities in the United
States. As of December 31, 2006, the company
owned 21,745 apartment units in 61 apartment
communities, including 545 apartment units in 2
communities held in unconsolidated entities and 1,181
apartment units in 4 communities. The company is
also developing 230 for-sale condominium homes;
and is converting 597 apartment units into for-sale
condominium homes. Post Properties primarily
operates in Atlanta, Georgia; Dallas, Texas; and in
Washington, D.C., and Tampa, Florida metropolitan
areas. As a REIT, the company would not be subject
to federal corporate income taxes if it distributes at
least 90% of its taxable income to its stockholders.
The company was founded in 1971 and is based in
Atlanta, Georgia
(REIT), together with its subsidiaries, engages in the
development, ownership, and management of
multifamily apartment communities in the United
States. As of December 31, 2006, the company
owned 21,745 apartment units in 61 apartment
communities, including 545 apartment units in 2
communities held in unconsolidated entities and 1,181
apartment units in 4 communities. The company is
also developing 230 for-sale condominium homes;
and is converting 597 apartment units into for-sale
condominium homes. Post Properties primarily
operates in Atlanta, Georgia; Dallas, Texas; and in
Washington, D.C., and Tampa, Florida metropolitan
areas. As a REIT, the company would not be subject
to federal corporate income taxes if it distributes at
least 90% of its taxable income to its stockholders.
The company was founded in 1971 and is based in
Atlanta, Georgia
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