Welcome to Milestone Apartments REIT
Milestone Apartments REIT (TSX: MST.UN) owns and manages attractive, well capitalized garden-style apartment communities in growing major metropolitan markets throughout the Southeast and Southwest United States. Our communities are conveniently located, with access to schools, employment centers, transportation hubs and entertainment. They feature extensive amenities, including tennis courts, pools, fitness centers, business centers, and open green space, all of which attract prospective tenants and retain current residents – many of whom have called our communities home for years.
Milestone is one of the largest residential property and investment management companies in the U.S. Our team members and apartment communities are award-winning and service-driven. In all, Milestone Apartments REIT offers investors access to almost 17,000 units with average occupancy currently in excess of 95%, and a highly accomplished internal property management team. Milestone also manages approximately 19,000 additional units, through a network of 10 regional offices and a dedicated team of over 900 employees. The REIT itself benefits from the direct involvement of an experienced senior management team with more than 70 years of multifamily real estate experience.
The REIT also benefits from a growth-focused investment management platform, specializing in U.S. multifamily assets, which has a strong, 10-year track record of delivering excellent returns to clients who have included institutional investors, a sovereign wealth fund, pension funds and high net worth individuals.
Our goal with Milestone Apartments REIT is to preserve, protect and grow Unitholders’ cash distributions; enhance the value of the REIT’s assets; maximize long-term Unitholder value through active management; and expand the asset base of the REIT, increasing AFFO per Unit.
Best regards,
Robert P. Landin
Trustee and Chief Executive Officer,
Milestone Apartments REIT