Mid America Apartment Communities is acquiring rival REIT Colonial Properties Trust in an all-stock deal worth $2.17 billion. Meanwhile, American Realty Capital is buying a portfolio of retail properties from GE Capital for $1.45 billion, and The Carlyle Group is selling the Midtown Manhattan tower located at 650 Madison Avenue to real estate investors Crown Acquisitions and Highgate in a $1.3 billion deal.
Am Law Firms Line Up for Trio of Real Estate Deals
The Am Law Daily
June 3, 2013
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