A novel but really useful bit of news comes from a company called LockBoxSwap. The company has introduced what they claim is the first e-commerce solution of its type, a place where real estate professionals can buy and sell used lock boxes. Set up on a centralized and secure site, LockBoxSwap solves the pain of high costs associated with transfer of ownership.
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
