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April 25, 2015 9:18 AM ET

Real Estate Investment Trusts (REITs)

Company Overview of Landmark Apartment Trust, Inc.

Company Overview

Landmark Apartment Trust of America, Inc. is an independent real estate investment trust. The firm invests in the real estate markets of the United States. It is primarily engaged in ownership, acquisition, management, and disposition of multifamily apartment communities. The firm was previously known as Apartment Trust of America, Inc. Landmark Apartment Trust of America, Inc. was founded on December 21, 2005 and is based in Richmond, Virginia.

4901 Dickens Road

Suite 101

Richmond, VA 23230

United States

Founded in 2005

768 Employees





Key Executives for Landmark Apartment Trust, Inc.

Chief Executive Officer, Chief Financial Officer, and Director
Age: 60
President, Secretary, and Chief Investment Officer
Age: 53
Chief Operating Officer and Chief Accounting Officer
Age: 49
Chief Investment Officer, and Senior Managing Director
Chief Financial Officer and Treasurer
Age: 43
Compensation as of Fiscal Year 2014.

Landmark Apartment Trust, Inc. Key Developments

Landmark Apartment Trust, Inc. Appoints Avi Israeli as Director

On March 24, 2015, the Board of Directors of Landmark Apartment Trust, Inc. appointed Mr. Avi Israeli to serve as a director of the company until the next annual meeting of shareholders. Mr. Israeli joined Elco Ltd., an affiliate of ELRH, in 2000 and currently serves as Vice President, Business Development. In addition, since 2007, Mr. Israeli has served as a director of Electra Consumer Products (1970) Ltd. Prior to joining the Elco companies, Mr. Israeli was an investment banker in corporate finance with Barclays de Zoete Wedd “BZW” (London), Poalim Capital Markets & Investments (Tel Aviv) and Tamir Fishman & Co. (Tel Aviv).

Landmark Apartment Trust, Inc. Enters into to the Seventh Amendment to Credit Agreement

Landmark Apartment Trust, Inc., Landmark Apartment Trust Holdings, LP (Holdings), certain subsidiary guarantors thereof, Bank of America, N.A., as administrative agent and lender, and Citibank, N.A., as lender, entered into that certain Seventh Amendment, dated as of March 6, 2015 (the Seventh Amendment), to the Credit Agreement (as amended, restated, extended, supplemented or otherwise modified in writing from time to time, the Credit Agreement), dated as of March 7, 2013, in order to, among other things, extend the maturity date thereunder to March 31, 2015.

Landmark Apartment Trust, Inc. Announces Executive Changes

On January 29, 2015, the board of directors of Landmark Apartment Trust, Inc., upon the recommendation of the company's nomination and corporate governance committee, appointed Mr. Stanley J. Olander, Jr. as president of the company. Mr. Olander is currently serves as the company's chief executive officer, chief financial officer and interim chief accounting officer. There are no changes to the terms of Mr. Olander's employment agreement at this time. The company's nomination and corporate governance committee, appointed Mr. Edward M. Kobel, a current member of the company's board of directors, to serve as chairman of the board of directors to fill the vacancy left by the resignation of Mr. Joseph G. Lubeck.

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