REIT sheds noncore Midwest asset

Property includes 900-plus apartment units
Published on May 31, 2007

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by CareyBot

Associated Estates Realty Corp., a real estate investment trust, has sold a 949-unit apartment community in Euclid, Ohio, as part of its strategy to reduce its Midwest exposure. The value of the transaction was not disclosed. The property, North Pointe, ...

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