AMLI Residential

AMLI Residential is a multifamily company in the United States, with their corporate office located in Chicago. The company is focused on the development, acquisition and management of apartment communities. The company operates in eleven metropolitan markets that include Atlanta, Austin, Chicago, Dallas/Ft. Worth, Denver, Southeast Florida, Houston, New Jersey, Southern California, Seattle, and Kansas City. They have an estimated 20,000 apartment homes throughout their portfolio. Their current slogan is “Live Life. Love Life.” Their mission statement is to “Provide An Outstanding Living Environment For Our Residents.”

History

AMLI was founded in 1980 by John Allen and Greg Mutz, the “A” and the “M” in AMLI. The two created a new corporation to third-party manage the real estate division of Life Investors Insurance Co, a Cedar Rapids, Iowa based company – forming the “AMLI” name. AMLI evolved from a private real estate development company to, in 1994, a publicly traded Real estate investment trust – trading on the New York Stock Exchange under the ticker symbol AML and selling 8.9 million shares valued at almost 200 million. In February 2006, AMLI became a private company again through a $2.1 billion transaction with the Prime Property Fund, a core, open-ended, institutional real estate fund managed by Morgan Stanley. Prime owns or has an investment interest in approximately $9 billion of high-quality, diverse real estate assets including retail, office, multifamily, hotel, and industrial properties located in major markets throughout the United States.

External links

• BusinessWeek, Company Overview of AMLI Residential Properties Trust
• [http://articles.chicagotribune.com/2005-10-25/business/0510250293_1_morgan-stanley-prime-property-fund-pension-funds, Chicago Tribune, Morgan Stanley to buy AMLI Residential, October 25, 2005]
• [http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aaaGMXDeIQaU&refer=us, Bloomberg, Morgan Stanley to Buy AMLI Residential Properties for $2.1 Bln, October 24, 2005]
• [http://www.amli.com/about-amli/senior-management.aspx, AMLI Senior Management]
• [http://www.chicagonow.com/homeward-bound-chicago/2012/02/new-apartment-towers-headed-for-the-south-loop/, Chicago Now, http://www.chicagonow.com/homeward-bound-chicago/2012/02/new-apartment-towers-headed-for-the-south-loop/, February 8, 2012]
• [http://www.statesman.com/business/real-estate/hidden-neighborhood-south-shore-district-becoming-more-known-2132079.html, Austin Statesman, Hidden Neighborhood: South Shore District becoming more known, especially for renters, Jan. 28, 2012]
• [http://www.bizjournals.com/denver/blog/real_deals/2011/12/real-deals-amli-buys-downtown.html?page=all, Denver Business Journals, Real Deals: AMLI buys downtown Denver’s Park Avenue Lofts for $49.5M, December 15, 2011]
• [http://www.bizjournals.com/atlanta/print-edition/2011/11/11/amli-plans-apartments-in-fourth-ward.html?page=all, Atlanta Business Chronicle, AMLI Plans Apartments in Fourth Ward, November 11, 2011]
• [http://www.amli.com/, AMLI Corp. Website, Slogan and Mission Statement]