Real Estate Investment Trusts (REITs)
Company Overview of Summit Properties Inc.
Summit Properties, Inc. operates as a real estate investment trust (REIT) that engages in the development, construction, acquisition, and operation of luxury apartment communities in the southeast and mid-Atlantic United States. As of June 30, 2004, its portfolio consisted of 48 completed communities comprising 14,797 apartment homes; 4 communities owned in a joint venture, consisting of 1,203 apartment homes; and 4 apartment communities with 1,715 apartment homes in development stage. The company has elected to be taxed as a real estate investment trust under Internal Revenue Code. As a REIT, it would not be subject to federal income tax on net income to the extent, which is distributed to ...
309 East Morehead Street
Charlotte, NC 28202
Founded in 1993
Key Executives for Summit Properties Inc.
Chief Financial Officer, Principal Accounting Officer and Executive Vice President
Chief Operating Officer and Executive Vice President
Executive Vice President - Property Operations and President - Summit Management Company
Executive Vice President - Construction and President - Summit Apartment Builders Inc
Executive Vice President of Investments and Chief of investment team
Compensation as of Fiscal Year 2015.
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