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    Through joint venture partnerships, the REIT purchased Vanguard Heights, The Tower at OPOP and The Lofts at OPOP for some $75 million. Meridian Capital Group arranged financing for all three acquisitions.

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    Equinix, Inc., a data center REIT, had a 39.3x price to LTM FFO, the highest among the publicly traded U.S. equity REITs, and traded at a $400.4 price per share as of March 31.

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  • TCA Architects Takes SoCal Community into the Wild

    The design of Wermers Properties’ 601-unit community draws inspiration from the adjacent Santa Ana Zoo and Prentice Park.

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  • 10 Markets with the Greatest Occupancy Loss

    Supply growth is outpacing demand in many areas, causing a decrease in occupancy rates. Here is a list of the 10 markets with the greatest loss in occupancy year-over-year as of April 2017.

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  • Mill Creek Begins Construction on Dallas Luxury Apartments

    In a joint venture with Abington Properties, the company secured construction financing with UMB Bank for the six-story, 190-unit upscale community.

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    KA Real Estate LLC of Sorrento Valley has purchased the 29-unit community. The 22,352-square-foot building was built in 1964 and underwent renovations.

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  • Using Data for Better Portfolio Performance

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