Associated Estates Realty Corporation
| 1st Quarter |  |
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| February 6 | Expanded into Indianapolis, Indiana with acquisition of The Gables at White River | |
| February 19 | Increased dividend on common shares to annual rate of $1.86 per share | |
| February 20 | Issued two Medium-Term Notes - one for $10 million and one for $5 million | |
| February 27 | Filed shelf registration totaling $368.8 million, including $102.5 million Medium-Term Note Program and $218.8 million available under previous shelf registrations
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| 2nd Quarter |  |
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| April 1 | Expanded into Cincinnati, Ohio with acquisition of Remington Place Apartments | |
| April 22 | Acquired Saw Mill Village Apartments in Columbus, Ohio; obtained improved pricing on $75 million unsecured line of credit | |
| April 30 | Issued one Medium-Term Note for $15 million; prepaid balances of conventional mortgages on three Toledo properties totaling $14.7 million | |
| May 14 | Acquired Hawthorne Hills in Toledo, Ohio | |
| May 30 | Acquired Oak Bend Commons in Columbus, Ohio | |
| June 4 | Legg Mason initiated research coverage
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| 3rd Quarter |  |
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| July 9 | Completed offering of 1,750,000 common shares | |
| August 25 | Acquired Clinton Place Apartments in Clinton Township, Michigan | |
| August 29 | Acquired Waterstone Apartments in Indianapolis, Indiana | |
| September 27 | Issued one Medium-Term Note for $20 million
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| 4th Quarter | ||
| October 31 | Acquired Spring Valley Apartments in Farmington Hills, Michigan | |
| November 12 | Increased unsecured line of credit to $100 million | |
| November 18 | PaineWebber initiated research coverage
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| Subsequent Events |  |
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| January 29, 1998 | Announced plans to acquire MIG Realty Advisors, Inc.
The transaction includes the property management and advisory business of MIG and 11 properties containing a total of 2,734 suites located in eight states outside of the Midwest. The transaction also anticipates the acquisition of three development properties in Florida, containing a total of 1,216 suites |
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| February 3, 1998 | Completed the acquisition of three of the 11 MIG properties containing a total of 1,004 suites located in Florida, Georgia and Maryland | |
| February 19, 1998 | Acquired Country Club Apartments in Toledo, Ohio | |
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