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Archstone-Smith is Now Archstone.


New Name, Logo Reflect a Return to Its Roots

DENVER -- Archstone-Smith, one of the nation's largest apartment companies, today unveiled a new name and corporate identity, "Archstone," returning to its foundation as a national company with a single brand and strategy.

"The name Archstone is synonymous with synonymous with
adjective equivalent to, the same as, identical to, similar to, identified with, equal to, tantamount to, interchangeable with, one and the same as
 the hard work and dedication of all of our associates, representing the very best in service and amenities to the people who call us 'home,'" said R. Scot Sellers, chief executive officer, Archstone. "We remain focused on operational excellence, innovation, fantastic people, exceptional development and continually improving our portfolio and service. As we embark on this new adventure as a company, we feel our strong name is an important part of our dedicated focus and exciting future."

In 2001 Archstone Communities merged with Charles E. Smith Charles E. Smith can refer to:
  • Charles E. Smith (1820-1900), president of the Philadelphia and Reading Railroad.
  • Charles Emory Smith (1842-1908), American journalist and political leader.
  • Charles Emrys Smith (Dr.
 Residential - one of the most respected names in residential real estate - to form Archstone-Smith. This merger set the stage for our company's growth as the premier provider of multifamily housing in the most desirable neighborhoods in the country. On October 5, 2007, Archstone became a privately held company privately held company

A firm whose shares are held within a relatively small circle of owners and are not traded publicly.
 after merging with and into a partnership jointly controlled by Tishman Speyer and Lehman Brothers Lehman Brothers Holdings Inc. (NYSE: LEH), founded in 1850, is a diversified, global financial services firm. It is a participant in investment banking, equity and fixed income sales, research and trading, investment management, private equity, and private banking. . The company continues to operate its communities under the Archstone Seal of Service[TM], one of several apartment industry innovations the company has pioneered in its very successful history, including exclusive, resident-only websites and the ability to fully transact an apartment lease online. For more information, visit http://www.ArchstoneApartments.com.

About Archstone

Archstone is a recognized leader in apartment investment and operations. The company's portfolio is concentrated in many of the most desirable neighborhoods in the Washington, D.C. metropolitan area, the Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850.  area, the San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay.  area, the San Francisco Bay Area “Bay Area” redirects here. For other uses, see Bay Area (disambiguation).

The San Francisco Bay Area, colloquially known as the Bay Area or The Bay
, the New York metropolitan area New York–Northern New Jersey–Long Island is the most populous metropolitan area in the United States and the third most populous in the world, after Tokyo and Mexico City. , Seattle and Boston. The company continually upgrades the quality of its portfolio through the selective sale of assets, using proceeds to fund investments in assets with even better growth prospects. Archstone strives to provide great apartments and great service to its customers -- backed by unconditional service guarantees. As of December 31, 2007, the company owned or had an ownership position in 416 communities, representing 86,389 units, including units under construction.
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Article Details
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Publication:Business Wire
Article Type:Company overview
Date:Feb 19, 2008
Words:367
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