Real Estate

Mid-America Apartment Communities Corporate Office

Mid-America Apartment Communities, or MAA, was founded in 1977 by George Cates.

By 1993, the company had reorganized into a real estate investment trust.

The company went public on the NYSE in 1994 under the ticker symbol MAA.

MAA has expanded via acquisitions, including adding Colonial Properties in 2013 and Post Properties in 2016.

In November 2018, the company paid $11.3 million to settle a complaint that Post Properties violated the design and construction requirements under the Fair Housing Act, as well as the Americans with Disabilities Act at 50 properties.

As of December 31, 2020, the company owned 300 apartment communities containing 100,490 apartment units. MAA is the largest apartment owner in the United States and the 7th largest apartment Property Management Service in the United States.

In March 2023, the company’s stock outperformed similar stock despite having a down day on Wall Street.

Mid-America Apartment Communities maintains a corporate office in Germantown, Tennessee.

Mid-America Apartment Communities

Mid-America Apartment Communities, or MAA, was founded in 1977 by George Cates.

By 1993, the company had reorganized into a real estate investment trust.

The company went public on the NYSE in 1994 under the ticker symbol MAA.

History

MAA has expanded via acquisitions, including adding Colonial Properties in 2013 and Post Properties in 2016.

In March 2023, the company’s stock outperformed similar stock despite having a down day on Wall Street.

Mid-America Apartment Communities maintains a corporate office in Germantown, Tennessee.

Life Storage Corporate Office

Life Storage began in 1982 as Sovran Storage, a financial planning firm that invested in storage units.

By 1985, the company had built its own self-storage facility and within 3 years, it had accumulated about 30 facilities.

By 1995, the company had rebranded as Uncle Bob’s Self-Storage and expanded to 62 self-storage facilities.

In 2016, the company acquired Life Storage for $1.3 billion. Following this acquisition, the company rebranded all units to the Life Storage name.

Life Storage is listed on the NYSE under the ticker symbol LSI.

In February 2023, Public Storage announced that it would make a bid for Life Storage at $11 billion. Public Storage had tried earlier to acquire Life Storage but was unsuccessful.

As of 2023, Life Storage had more than 1,100 facilities in 37 states.

Life Storage maintains a corporate office in Buffalo, New York.

Life Storage

Life Storage began in 1982 as Sovran Storage, a financial planning firm that invested in storage units.

By 1985, the company had built its own self-storage facility and within 3 years, it had accumulated about 30 facilities.

By 1995, the company had rebranded as Uncle Bob’s Self-Storage and expanded to 62 self-storage facilities.

History

In 2016, the company acquired Life Storage for $1.3 billion. Following this acquisition, the company rebranded all units to the Life Storage name.

Life Storage is listed on the NYSE under the ticker symbol LSI.

In February 2023, Public Storage announced that it would make a bid for Life Storage at $11 billion. Public Storage had tried earlier to acquire Life Storage but was unsuccessful.

As of 2023, Life Storage had more than 1,100 facilities in 37 states.

Life Storage maintains a corporate office in Buffalo, New York.

Sun Communities Corporate Office

Sun Communities was founded in 1975 by Dr. Milton Shiffman. Shiffman began investing in real estate in 1964. Working at the time as a doctor, Shiffman was involved in the development, acquisition, and construction of commercial property in his spare time. In 1975 he established the predecessor to Sun Communities.

Originally called Sun RV Resorts, the company today focuses on building and maintaining mobile home parks.

In 1993, the company went public on the NYSE under the ticker symbol SUI.

In 1996, Sun RV Resorts was again added to the company.

In October 2019, the company acquired a portfolio of 31 manufactured housing communities for $343.6 million.

On Nov. 16, 2021, Sun RV Resorts rebrands to Sun Outdoors.

In February 2023, the Connecticut State Attorney General opened an inquiry into the Beechwood Sun Community stating that the department had received multiple complaints about renters who saw their rent increased after complaining about poor living conditions.

Sun Communities maintains a corporate office in Southfield, Michigan.

Sun Communities

Originally called Sun RV Resorts, the company today focuses on building and maintaining mobile home parks.

In 1993, the company went public on the NYSE under the ticker symbol SUI.

History

In 1996, Sun RV Resorts was again added to the company.

In October 2019, the company acquired a portfolio of 31 manufactured housing communities for $343.6 million.

On Nov. 16, 2021, Sun RV Resorts rebrands to Sun Outdoors.

Sun Communities maintains a corporate office in Southfield, Michigan.

Greystar Real Estate Partners Corporate Office

Current CEO Bob Faith founded Greystar Real Estate in 1993. The company is an international real estate developer and property management service provider based in the USA.

As of 2022, Greystar operates in 9 countries, including China, France, Ireland, Mexico, the UK, and more.

Greystar has assets totaling $59 billion as of April 2022 and employs more than 14,000 people.

In 2019, the company was sued for violating consumer protection laws. In a Los Angeles County Superior Court filing, the company was charged with gathering extensive personal identifying information about its tenants without their knowledge or consent. At at least five Greystar-owned apartment buildings, the company collected information about its tenants’ “character” and “general reputation.”

In November 2022, Greystar announced that it would allow renters to host apartments through Airbnb.

Also in November 2022, Greystar is noted for buying up distressed properties in China to use as business rentals.

Greystar maintains a corporate office in Charleston, South Carolina.

Greystar Real Estate

Current CEO Bob Faith founded Greystar Real Estate in 1993. The company is an international real estate developer and property management service provider based in the USA.

As of 2022, Greystar operates in 9 countries, including China, France, Ireland, Mexico, the UK, and more.

Greystar has assets totaling $59 billion as of April 2022 and employs more than 14,000 people.

History

In November 2022, Greystar announced that it would allow renters to host apartments through Airbnb.

Also in November 2022, Greystar is noted for buying up distressed properties in China to use as business rentals.

Greystar maintains a corporate office in Charleston, South Carolina.

The Trump Organization Corporate Office

The Trump Organization has its roots back in Queens in 1906 when German immigrants, Fred and Elizabeth Trump, began buying and selling real estate. Fred died from the flu in 1918, but Elizabeth continued the business. Her son Fred Jr. also began buying and selling real estate.

Fred’s son Donald began working for the family business in 1968. He began calling it The Trump Organization. He focused his efforts on real estate in Manhattan, remodeling the Commodore Hotel, constructed Trump Tower, and the Trump Plaza. He also built several casinos in Atlantic City.

n 1990, the Trump Organization was in financial crisis and was believed by many to be on the brink of collapse, with Donald Trump and his companies owing estimated debts of $3.4 billion. Trump spent the following years renegotiating his debts and gave up some properties, including the Trump Shuttle airline and his stake in the Plaza Hotel in Manhattan. In 1995, he took another major step towards financial stability, launching a publicly traded company for the Trump casinos.

The organization has also had operations such as fashion apparel, jewelry and accessories, books, home furnishings, lighting products, bath textiles and accessories, bedding, home fragrance products, small leather goods, barware, steaks, chocolate bars, and bottled spring water.

In September of 2016, the company began operating a chain of hotels called Scion, which are lower priced and are designed to appeal to a younger crowd.

Donald Trump states that he stepped down as CEO and is allowing his children to run the day to day operations of the company after being elected president in 2016. Forbes lists Donald Trump’s net worth as $3.1 billion, although Mr. Trump states that it is more in the area of $10 billion.

Since the financial statements of the Trump Organization’s holdings are private, as are Donald Trump’s personal tax returns, there are only estimates of the Trump Organization’s true value. Donald Trump has been accused on several occasions of deliberately inflating the valuation of Trump Organization properties through the aggressive lobbying of the media, in particular, the authors of the Forbes 400 list, in order to bolster his perceived net worth among the public over the past few decades. He has released little definitive financial documentation to the public to confirm his valuation claims.

In December 2022, The Trump Organization was found guilty of criminal tax fraud in New York.

The Trump Organization

History

In September of 2016, the company began operating a chain of hotels called Scion, which are lower priced and are designed to appeal to a younger crowd.

In December 2022, The Trump Organization was found guilty of criminal tax fraud in New York.