Equity Residential continues Washington-area expansion

03/26/2010 | GlobeSt.com

Equity Residential is expected to close its purchase of a Washington multifamily property called the Dumont next month -- the latest apartment building it has acquired in the area. The property currently is in bankruptcy but had more than 30 offers by potential buyers interested in this asset class' fundamentals, according to Delta Associates' Greg Leisch.

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