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News Breaks | | | | December 27, 2012 | | 13:19 EDT |  | CLP | Colonial Properties sells multifamily portfolio to Elco, Timbercreek JV Elco Landmark Residential announced that its private label partnership with Timbercreek Asset Management acquired a portfolio of four multifamily properties from Colonial Properties Trust for approximately $95.4M The assets are located in Texas, North Carolina and Virginia and total 1,380 units. | |
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