Home Properties Inc. has revealed details about its purchase of two apartment communities: The Gates of Deer Grove in Palatine, IL. for $20.2 million and The Courts at Dulles in Herndon, VA. for $92.75 million. With these transactions, Home Properties purchases for 2011 have reached $500.8 million. On November 30, Home Properties purchased The Courts
AvalonBay and UDR Swap $500 Million in Assets
April 6, 2011 by
Ever so often, it is a good idea to trade with your friends. In the end, you both get new toys and it does not cost you any money. AvalonBay and UDR decided to swap assets from their apartment community portfolios this week, leaving each with a new set of toys. The $500 million transaction
