Associated Estates Declares Common Share Dividend

              Associated Estates Declares Common Share Dividend

PR Newswire

CLEVELAND, March 12, 2013

CLEVELAND, March 12, 2013 /PRNewswire/ --Associated Estates Realty
Corporation (NYSE, NASDAQ: AEC) announced today that a quarterly dividend of
$0.19 per share has been declared on the Company's common shares, payable May
1, 2013 to shareholders of record on April 15, 2013.

Associated Estates is a real estate investment trust ("REIT") and is a member
of the Russell 2000 and the MSCI US REIT Indices. The Company is headquartered
in Richmond Heights, Ohio. Associated Estates' portfolio consists of 52
properties containing 13,950 units located in ten states. For more information
about the Company, please visit its website at

For more information, please contact:

Jeremy Goldberg
(216) 797-8715

SOURCE Associated Estates Realty Corporation

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