Archstone-Smith acquires 360 apartments

Community located in growing California market
Published on Oct 30, 2006

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by CareyBot

Archstone-Smith purchased Bay Landing, a 360-unit apartment community in the San Francisco Bay Area submarket of Walnut Creek. Representing a purchase price of $75.6 million, the acquisition was funded primarily through tax-deferred exchange proceeds from dispositions of apartment communities that ...

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