February 01, 2015 6:28 PM ET

Real Estate Investment Trusts (REITs)

Company Overview of Summit Properties Inc.

Company Overview

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

Suite 200

Charlotte, NC 28202

United States

Founded in 1993

450 Employees





Key Executives for Summit Properties Inc.

Chief Financial Officer
Age: 49
Chief Operating Officer and Executive Vice President
Age: 53
Executive Vice President - Property Operations and President - Summit Management Company
Age: 56
Executive Vice President - Construction and President - Summit Apartment Builders Inc
Age: 61
Executive Vice President of Investments and Chief of investment team
Compensation as of Fiscal Year 2014.

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