initial public offerings (IPOs) trading on American exchanges

Monday, December 16, 2013

American Residential Properties (ARPI) began trading on the NYSE on 6 May 2013


Description

American Residential Properties, Inc. is a fully integrated and internally managed real estate investment company, which is organized as a real estate investment trust. The Company acquires, renovates, leases and manages single-family properties in select communities nationally. The Company is operating in ten states. American Residential Properties OP, L.P. acts as its operating partnership. American Residential GP, LLC is the wholly owned subsidiary of the Company and the sole general partner of its operating partnership. American Residential Leasing Company, LLC is a wholly owned subsidiary of its operating partnership. American Residential Properties TRS, LLC (TRS), that is a wholly owned subsidiary of its operating partnership. As of March 31, 2013, it owned 2,531 properties in Arizona, California, Florida, Georgia, Illinois, Indiana, Nevada, North Carolina, South Carolina and Texas , and it managed an additional 608 properties for Phoenix Fund in Arizona and Nevada.

Address

Suite 350, 7047, E Greenway Parkway
SCOTTSDALE, AZ 85254
United States 

Key stats and ratios

Q2 (Jun '13)2012
Net profit margin-97.01%-
Operating margin-97.01%-
EBITD margin--
Return on average assets-6.60%-
Return on average equity-6.94%-
Employees48

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