UDR Completes Reinvestment of Funds from March Portfolio Sale (Business Wire via Yahoo! Finance)

4 September 2008, 2:31 pm

DENVER----UDR, Inc. announced today that it has completed the reinvestment of 1031 exchange funds from its March 3 portfolio sale. As of August 30, 2008, the Company had invested $951 million of the $1.7 billion proceeds to acquire 4,093 homes in 12 communities.... read more

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