Lehman Bros. closes on $1.325B Archstone stake
Lehman Bros. Holdings has closed on a $1.325 billion stake in Archstone. It now owns 73.5% of the apartment company, according to regulatory filings. Equity Residential had been vying for the purchase as well.
Chicago Tribune
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This story published in Real Estate Investment SmartBrief on 01/24/2012
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