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Colonial Properties Trust history
Colonial Properties Trust company history timeline
In November 1993 management announced plans to expand on two current apartment complexes located in Orlando and Montgomery.
For the year 1996, revenues totaled $134.9 million while net income showed significant improvement, topping $27.5 million.
That neglect would come to an end early in 1997 with the $20.8 million purchase of Birmingham's Riverchase Center, an eight-building office park.
In 1998 Colonial entered into a pair of joint ventures to acquire a community shopping center and an enclosed mall.
The REIT took a step back in 1999 to adjust its asset mix.
2000: Colonial initiates its first mixed-use development, Colonial Town Park in Orlando, Florida.
Colonial made a handful of acquisitions in 2002, buying three office properties and a Birmingham village-style retail center.
In 2003 the REIT acquired two multifamily properties in Florida and Austin, Texas, and an office property located in Huntsville.
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Colonial Properties Trust competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Essex Property Trust | 1971 | $1.8B | 1,799 | 32 |
| Bre Properties | 1970 | $404.0M | 3,000 | - |
| Aimco | 1975 | $169.8M | 52 | - |
| BSR REIT | 1956 | $8.5M | 158 | 1 |
| Eighteen Capital Group | - | $5.4M | 350 | - |
| Lenox Park Solutions | 2013 | $330,000 | 9 | - |
| Integrity Asset Management | - | $640,000 | 15 | - |
| Entrada Partners | - | $1.4M | 5 | - |
| Merry Land | 1998 | $218.0M | 60 | - |
| Worcester Investments | 2006 | $280,000 | 7 | - |
Colonial Properties Trust history FAQs
Zippia gives an in-depth look into the details of Colonial Properties Trust, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Colonial Properties Trust. The employee data is based on information from people who have self-reported their past or current employments at Colonial Properties Trust. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Colonial Properties Trust. The data presented on this page does not represent the view of Colonial Properties Trust and its employees or that of Zippia.
Colonial Properties Trust may also be known as or be related to COLONIAL REALTY LIMITED PARTNERSHIP, Colonial Properties Trust and Colonial Realty Limited Partnership.