Associated Estates Announces Partnership With The Gary Sinise Foundation And
Celebrates 20th Anniversary Of NYSE Listing
Multi-family REIT encourages others to join in supporting United States
NEW YORK, Nov. 11, 2013
NEW YORK, Nov. 11, 2013 /PRNewswire/ --Associated Estates (NYSE, NASDAQ:
AEC), a real estate investment trust (REIT) with more than 13,000 apartment
units throughout the United States, today announced a dynamic partnership with
the Gary Sinise Foundation (GSF), a non-profit organization founded in 2011
by Gary Sinise. GSF provides a variety of support services to our nation's
defenders, veterans, first responders, their families and those in need.
Associated Estates' commitment includes responding to GSF's unique
veteran-specific requests and bringing more awareness to GSF.
The announcement of the partnership coincides with Veterans Day and Associated
Estates' 20^th anniversary of its listing on the New York Stock Exchange
(NYSE). Representatives from Associated Estates and the Gary Sinise
Foundation celebrated the partnership by ringing the NYSE Closing Bell today.
Wall Street continues to recognize and honor those who serve our country.
Listed companies aligned with GSF participated in both the NASDAQ Opening Bell
and NYSE Closing Bell ceremonies. After decades of humanitarian work by
Sinise, GSF has become a go-to organization for those looking to support our
"As part of our Associated Estates Cares initiative, we are committed to
addressing health, hunger and education," said Jeffrey I. Friedman, chairman,
president and CEO of Associated Estates. "Wounded United States veterans are
often challenged with adjusting to post-service life back home. Through our
partnership with the Gary Sinise Foundation, we can better enhance their
quality of life and give back to these women and men who have contributed so
much to protect our freedom."
The increasing number of service members who need support as they transition
into civilian life is an important issue that requires our country's
attention. GSF and Associated Estates recognize the incredible need that
exists among wounded U.S. veterans in particular.
"America's military is comprised of less than two percent of our population,
and most people live their lives without ever interacting with the military
community," said Gary Sinise, Founder of his namesake foundation. "Over the
past 30 years, giving back to our defenders has become my life's work, and our
partnership with Associated Estates will help bring more attention to the
needs of United States veterans and demonstrate why it's so critical that we
give back to our service men and women."
"As citizens, we must ensure our defenders get the support they need, and
creating greater awareness is just one way we can show our gratitude," said
Stacy Taylor, development director for GSF. "We are already working with
Associated Estates to fulfill the critical needs of our veterans, and we
encourage those across the country to take action today by assisting a veteran
in their own community. Helping those who defend our nation is a duty we must
share, each and every day."
About the Gary Sinise Foundation (GSF)
GSF serves the nation by honoring its defenders, veterans, first responders,
their families and those in need by creating and supporting unique
programsdesigned to entertain, educate, inspire, strengthen and build
communities. Theseinclude itsR.I.S.E. Outreach (Restoring Independence and
Supporting Empowerment),whose flagshipinitiativeisa custom Smart Home
building project for severely wounded veterans. Each Smart Home is customized
to ease their daily challenges and help restore independence with features
like retractable cook tops, cabinets and shelving, elevators and more, all
accessible via an iPad. Other programs includeRelief & Resiliency Outreach,
Invincible Spirit Festivals, Serving HeroesandArts & Entertainment
Outreach. GSF has also partnered with General Electric on theirGet Skills to
Workprogram to help veterans translate military skills into advanced
manufacturing jobs while empowering employers with tools to recruit, onboard
and mentor veterans. For more information, please
About Associated Estates
Associated Estates is a real estate investment trust (REIT) and is a member of
the S&P 600, Russell 2000 and the MSCI US REIT Indices. The Company is
headquartered in Richmond Heights, Ohio. Associated Estates' portfolio
consists of 53 properties containing 13,618 units located in ten states. For
more information about the Company, please visit its website at
Gary Sinise Foundation
SOURCE Associated Estates
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