37:
251:
In 1994, the company acquired the Rime
Companies for $ 190.7 million. Rime owned 10 apartment complexes containing 4,953 apartment units. The acquisition increased the number of apartment owned by the company to 10,873 and made it the largest apartment owner in
262:
In 2005, the company partnered with DRA Advisors to acquire CRT properties. Colonial received a 15% stake in CRT, which was acquired for $ 1.8 billion. CRT owned 11.7 million square feet of office space mostly in
Atlanta, Houston, Orlando and Charlotte.
583:
472:
598:
588:
555:
415:
593:
453:
357:
318:
578:
397:
514:
416:"Colonial Properties Trust Announces Sale of Colonial Pinnacle and Colonial Promenade Tutwiler Farm and Reaffirms 2006 Annual Guidance"
295:
214:
94:
519:
438:
337:
230:
314:
206:
47:
127:
377:
535:
493:
245:
433:
332:
540:
498:
398:"Colonial Properties Trust and DRA Advisors, LLC Complete their Acquisition of CRT Properties, Inc"
284:
In 2007, the company sold a majority interest in development assets in
Alabama for $ 48.5 million.
210:
104:
382:
362:
234:
288:
172:
36:
259:
In 2004, the company acquired
Cornerstone Realty Income Trust for $ 650 million in stock.
17:
241:
572:
457:
419:
401:
269:
In 2007, a joint venture between the company and DRA Advisors sold 15 properties in
226:
454:"Colonial Properties Trust Sells $ 48.5 Million of Commercial Development Assets"
559:
494:"Colonial Properties sells two properties for $ 48.5 million to unnamed buyer"
278:
148:
118:
477:
270:
253:
274:
160:
556:"MAA and Colonial Properties Trust complete $ 8.3 billion merger"
225:
In 1970, the company was founded by Edward Lowder, the father of
131:
122:
473:"Colonial Properties sells two properties for $ 48.5 mln"
315:"Colonial Properties Trust 2012 Form 10-K Annual Report"
536:"Dallas-based Cypress Equities buys Brookwood Village"
358:"COLONIAL PROPERTIES TO BUY RIME FOR $ 190.7 MILLION"
266:
In March 2006, the company sold 2 shopping centers.
182:
170:
158:
146:
138:
110:
100:
89:
71:
53:
43:
434:"Alabama REIT sells three Albuquerque properties"
213:. In October 2013, the company was acquired by
333:"Colonial Properties to pay 63-cent dividend"
294:In October 2013, the company was acquired by
8:
515:"Brookwood Village sold to Cypress Equities"
378:"COLONIAL PROPERTIES TO ACQUIRE CORNERSTONE"
29:
281:containing 3,959 units for $ 468 million.
28:
584:Real estate companies established in 1970
240:In September 1993, the company became a
319:U.S. Securities and Exchange Commission
306:
492:Underwood, Jerry (December 26, 2007).
352:
350:
348:
471:Nagaraj, Amulya (December 26, 2007).
7:
534:Tomberlin, Michael (April 2, 2014).
205:was a publicly traded diversified
25:
599:2013 disestablishments in Alabama
296:Mid-America Apartment Communities
291:, which it had acquired in 1999.
215:Mid-America Apartment Communities
95:Mid-America Apartment Communities
589:Companies disestablished in 2013
35:
520:American City Business Journals
439:American City Business Journals
338:American City Business Journals
194:Footnotes / references
594:1970 establishments in Alabama
1:
579:2013 mergers and acquisitions
207:real estate investment trust
48:Real estate investment trust
59:; 54 years ago
615:
513:West, Ty (April 2, 2014).
287:In 2014, the company sold
229:, the head of the failed
203:Colonial Properties Trust
192:
34:
30:Colonial Properties Trust
18:Colonial Properties Trust
246:initial public offering
178:$ 1.150 billion (2012)
166:$ 3.286 billion (2012)
154:$ 0.008 billion (2012)
142:$ 0.393 billion (2012)
126:C. Reynolds Thompson,
77:; 10 years ago
404:. September 27, 2005.
460:. December 26, 2007.
75:October 1, 2013
541:The Birmingham News
499:The Birmingham News
442:. January 12, 2007.
386:. October 26, 2004.
366:. December 8, 1994.
341:. October 25, 2001.
211:Birmingham, Alabama
184:Number of employees
105:Birmingham, Alabama
31:
562:. October 1, 2013.
422:. October 2, 2006.
383:The New York Times
363:The New York Times
235:Colonial Bancgroup
117:Thomas H. Lowder,
558:(Press release).
456:(Press release).
418:(Press release).
400:(Press release).
289:Brookwood Village
209:headquartered in
200:
199:
16:(Redirected from
606:
564:
563:
552:
546:
545:
531:
525:
524:
510:
504:
503:
489:
483:
482:
468:
462:
461:
450:
444:
443:
430:
424:
423:
412:
406:
405:
394:
388:
387:
374:
368:
367:
354:
343:
342:
329:
323:
322:
311:
175:
163:
134:
85:
83:
78:
67:
65:
60:
39:
32:
21:
614:
613:
609:
608:
607:
605:
604:
603:
569:
568:
567:
554:
553:
549:
533:
532:
528:
512:
511:
507:
491:
490:
486:
470:
469:
465:
452:
451:
447:
432:
431:
427:
414:
413:
409:
396:
395:
391:
376:
375:
371:
356:
355:
346:
331:
330:
326:
313:
312:
308:
304:
223:
221:Company history
196:
185:
171:
159:
151:
125:
116:
113:
81:
79:
76:
63:
61:
58:
23:
22:
15:
12:
11:
5:
612:
610:
602:
601:
596:
591:
586:
581:
571:
570:
566:
565:
547:
526:
505:
484:
463:
445:
425:
407:
389:
369:
344:
324:
305:
303:
300:
242:public company
222:
219:
198:
197:
190:
189:
186:
183:
180:
179:
176:
168:
167:
164:
156:
155:
152:
147:
144:
143:
140:
136:
135:
114:
111:
108:
107:
102:
98:
97:
91:
87:
86:
73:
69:
68:
55:
51:
50:
45:
41:
40:
24:
14:
13:
10:
9:
6:
4:
3:
2:
611:
600:
597:
595:
592:
590:
587:
585:
582:
580:
577:
576:
574:
561:
557:
551:
548:
543:
542:
537:
530:
527:
522:
521:
516:
509:
506:
501:
500:
495:
488:
485:
480:
479:
474:
467:
464:
459:
458:Business Wire
455:
449:
446:
441:
440:
435:
429:
426:
421:
420:Business Wire
417:
411:
408:
403:
402:Business Wire
399:
393:
390:
385:
384:
379:
373:
370:
365:
364:
359:
353:
351:
349:
345:
340:
339:
334:
328:
325:
320:
316:
310:
307:
301:
299:
297:
292:
290:
285:
282:
280:
276:
272:
267:
264:
260:
257:
255:
249:
247:
243:
238:
236:
232:
231:Colonial Bank
228:
220:
218:
216:
212:
208:
204:
195:
191:
187:
181:
177:
174:
169:
165:
162:
157:
153:
150:
145:
141:
137:
133:
129:
124:
120:
115:
109:
106:
103:
99:
96:
92:
88:
74:
70:
56:
52:
49:
46:
42:
38:
33:
27:
19:
550:
539:
529:
518:
508:
497:
487:
476:
466:
448:
437:
428:
410:
392:
381:
372:
361:
336:
327:
309:
293:
286:
283:
268:
265:
261:
258:
250:
239:
227:Bobby Lowder
224:
202:
201:
193:
173:Total equity
161:Total assets
101:Headquarters
93:Acquired by
26:
560:PR Newswire
573:Categories
302:References
279:New Mexico
188:911 (2012)
149:Net income
112:Key people
82:2013-10-01
128:President
119:Chairman
44:Industry
478:Reuters
271:Arizona
254:Alabama
244:via an
139:Revenue
80: (
72:Defunct
62: (
54:Founded
277:, and
275:Nevada
233:and
130:and
121:and
90:Fate
64:1970
57:1970
132:CFO
123:CEO
575::
538:.
517:.
496:.
475:.
436:.
380:.
360:.
347:^
335:.
317:.
298:.
273:,
256:.
248:.
237:.
217:.
544:.
523:.
502:.
481:.
321:.
84:)
66:)
20:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
