National City Bank acted as Lead Arranger and is the Administrative Agent. The other participating banks are Wells Fargo Bank, N.A., Raymond James Bank, FSB, The Huntington National Bank and US Bank, National Association.

"The steps we have taken to improve our fixed charge coverage and grow our unencumbered asset pool have enabled us to expand our line and extend its terms," said Lou Fatica, chief financial officer. "This increased credit facility provides us with the enhanced flexibility to further our strategic objectives of repositioning the portfolio to faster growing markets and strengthening the Company's balance sheet." -- Associated Estates Realty Corporation