Associated Estates Declares Common Share Dividend

              Associated Estates Declares Common Share Dividend

PR Newswire

CLEVELAND, June 9, 2014

CLEVELAND, June 9, 2014 /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 August 1, 2014
to shareholders of record on July 15, 2014.

Associated Estates is a real estate investment trust 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 50 apartment communities containing 12,898 units located in nine
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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