Milestone Apartment REIT secures almost $230M in IPO

03/19/2013 | CoStar Group

Milestone Apartments REIT has finalized its initial public offering and raised gross proceeds of close to $230 million. The REIT is using the funds to acquire a stake in in Milestone Multifamily Investors LP, which has a portfolio of 52 U.S. multifamily properties.

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