Industry Real estate Website www.amli.com Founder John R. Allen Number of employees 950 Type of business Private | Total assets $6.5 billion+ President Philip Tague Founded 1980 Chief information officer Rick Fox | |
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Number of locations Atlanta, GA, Austin, TX, Dallas, TX, Denver, CO, Houston, TX, Seattle, WA, Southeast Florida and Southern California Headquarters Chicago, Illinois, United States | ||
Amli residential the grass is greener
AMLI Residential, a multifamily real estate company headquartered in Chicago, focuses on the development, acquisition and management of Multi-family residential communities across the United States. As of April 1, 2016, AMLI owned and managed 62 stabilized apartment communities (over 21,000 apartment homes) in nine major markets: Atlanta, Austin, Chicago, Dallas, Denver, Houston, Seattle, Southeast Florida and Southern California. The company also has 22 communities under development (over 8,300 units) across the United States.
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History
AMLI was founded in 1980 by John Allen and Greg Mutz, the “A” and the “M” in AMLI, as a private real estate development, management and investment company. In 1994, AMLI went public as a NYSE publicly traded real estate investment trust. In February 2006, Morgan Stanley’s Prime Property Fund (PRIME) took AMLI private through a $2.1 billion transaction. PRIME is an open-ended, core institutional real estate fund that owns $19 billion of retail, office, multifamily, hotel, and industrial properties throughout the U.S.