Leading Developer Post Properties Celebrates 40 Years in Business

Post Properties (NYSE-Listed PPS), a leading developer and operator of upscale multifamily communities, visits the NYSE to commemorate the company’s 40th anniversary of founding and 40 years of service to its residents, associates, investors and communities. In honor of the occasion, President and CEO Dave Stockert rings The Closing BellSM.

About Post Properties (NYSE: PPS)
Post Properties, founded 40 years ago, is a leading developer and operator of upscale multifamily communities. The Company’s mission is delivering superior satisfaction and value to its residents, associates, and investors, with a vision of being the first choice in quality multifamily living. Operating as a real estate investment trust (“REIT”), the Company focuses on developing and managing Post® branded resort-style garden and high density urban apartments.  Post Properties is headquartered in Atlanta, Georgia, and has operations in ten markets across the country.

Post Properties owns interests in 21,431 apartment units in 57 communities, including 1,747 apartment units in five communities held in unconsolidated entities and 1,568 apartment units in five communities currently under development.  The Company is also selling luxury for-sale condominium homes in two communities through a taxable REIT subsidiary. (Source: Post Properties)