American Community Properties Trust - APO- Profile

American Community Properties Trust. The Group's principal activity is that of an Investment Trust. The Group is a self managed holding company is in the investment of rental properties, community development, homebuilding and property management through its consolidated subsidiaries. Its rental properties investments include interests in 15 United States apartment partnerships that own and operate apartment facilities in Maryland and Virginia. The Group operates in the United States and Puerto Rico. The U.S. operations include investments in rental properties, community development and management services. The Group manages 3,920 rental apartment units and holds an ownership interest in 2,864 units. The Puerto Rico operations include investments in rental properties, investments in commercial properties, community development, homebuilding and management services. On May 23, 2005, The Group acquired of an apartment property in Baltimore. Invests in rental properties, develops land and provides property management services in the United States and Puerto Rico