Bucking Credit-Constrained M-F Market, Equity Residential Sells $42M Portfolio
February 20th, 2009
The meltdown of the capital markets has stemmed the flow of transactions in the multi-family sector. But, occasionally, a deal does get the green light. Equity Residential announced Thursday that it has sold a portfolio of apartment assets in Connecticut, for $42.7 million. The Kamson Corp. acquired the portfolio, which includes 436 apartments in four separate communities in Glastonbury, Manchester, Plainville and West Hartford.Entry Filed under: News
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