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BRE Properties- (BRE)- a real estate investment trust -- develops, acquires and manages apartment communities convenient to its residents' work, shopping, entertainment and transit in supply-constrained Western U.S. markets. BRE directly owns and operates 77 apartment communities totaling 21,808 units in California, Arizona and Washington. The company currently has 10 other properties in various stages of development and construction, totaling 3,125 units, and joint venture interests in 13 additional apartment communities, totaling 4,080 units. As a REIT, the capital gains are faccounted for differently, so please consult with a tax advisor. BRE Properties was founded in 1970 and is headquartered in San Francisco, California.
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