American Community Properties Trust / APO
The Sheffield Greens apartment community in St. Charles. (Photo: Courtesy of company.)
About American Community Properties Trust
222 Smallwood Village Center, St. Charles, Md. 20602
www.acptrust.com
| 301-843-8600
| Founded: 1997
Industry: Real Estate | Category: Top 100 Companies
American Community Property Trust develops, owns and manages residential and commercial properties in Maryland and Puerto Rico. Hampered by the housing slump, the firm reported a loss of $541,000 last year, compared with a profit of $4.6 million in 2006. Also last year, a group of ACPT shareholders, led by the company chairman, said they were considering taking the company private. The firm has also reported that it will not declare a dividend for shareholders in the first quarter of this year.
Chairman and CEO: J. Michael Wilson
2007 Financial Data
Total employees: 252 | Local employees: 114Company Leadership
| Thomas S. Condit | Trustee |
| Antonio Ginorio | Trustee |
| Edwin L. Kelly | Vice Chairman, President and Chief Operating Officer |
| T. Michael Scott | Trustee |
| Thomas J. Shafer | Trustee |
| J. Michael Wilson | Chairman and Chief Executive Officer |
Source: Compensation data provided by Equilar, Inc..
Did You Know
A BIG PLAN: St. Charles, the vast community developed by ACPT over the past 35 years, calculates that it is home to about a fifth of the residents of Charles County.
