American Community Properties Trust (NYSE Alternext: APO)

222 Smallwood Village Center
St. Charles, MD 20602 (Map)
Phone: 301-843-8600
Fax: 301-870-8481
http://www.acptrust.com

Hoover's coverage by Tracy Uba

Overview

American Community Properties Trust (ACPT) develops, builds, owns, and manages primarily residential real estate in Washington, DC; Maryland; and Virginia. The self-managed real estate investment trust (REIT) has ownership in more than 20 multi-family apartment communities (about 3,300 units) and 4,000 acres of undeveloped land in a planned residential community in St. Charles, Maryland. More than half of its apartment units participate in low-income housing programs. Subsidiary American Rental Management Company manages apartments for ACPT and third parties. The Wilson family controls ACPT, which has agreed to be acquired by real estate investment company Federal Capital Partners.

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Key Numbers from Hoover's UK

Key financials for American Community Properties Trust (NYSE Alternext: APO)

Company Type Public (NYSE Alternext: APO)
Fiscal Year-End December
2008 Sales (mil.) £57.3
1-Year Sales Growth (2.9%)
2008 Net Income (mil.) (£7.8)
2008 Employees 217
1-Year Employee Growth (13.9%)
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Key People from Hoover's UK

Key people and executives for American Community Properties Trust (NYSE Alternext: APO)

Chairman; President, COO, and Director, IBC J. Michael Wilson
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CEO and Trustee Stephen K. Griessel
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CFO Matthew M. (Matt) Martin
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Significant Developments

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