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Landmark Apartment Trust, Inc. to Be Acquired by Starwood Capital Group and Milestone Apartments REIT

RICHMOND, Va.--( BUSINESS WIRE )-- Landmark Apartment Trust , Inc. (“Landmark” or the “Company”), a multifamily real estate investment trust with assets located in select metropolitan areas throughout the Southern United States , announced today that it has entered into a definitive merger agreement (the “Merger Agreement”) pursuant to which it will be acquired by Monument Partners, L.L.C. (“Monument”), an entity owned by affiliates of Starwood Capital Group and Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone”), in an all- cash transaction valued at approximately $1.9 billion, including the assumption of existing debt. Upon completion of the transaction, Landmark will become a privately held company. Pursuant to the terms of the Merger Agreement, Monument will acquire all of the outstanding common stock of Landmark and all of the outstanding common units of Landmark’s operating partnership, Landmark Apartment Trust Holdings, LP, for $8.17 per share or...

UDR Inc. (UDR) Moves Lower on Volume Spike for August 24

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Market Summary  Follow UDR Inc. is a Owns and manages apartment communities Last Price $ 39.04 Last Trade Aug/25 - 16:01 Change $ -0.10 Change Percent -0.26 % Open $ 39.23 Prev Close $ 39.14 High $ 39.34 low $ 38.95 52 Week High $ 40.71 52 Week Low $ 32.79 Market Cap 10,446,058,275 PE Ratio 3.67 Volume 1,538,207 Exchange NYE UDR - Market Data & News UDR - Stock Valuation Report Trade UDR Inc. (UDR) traded on unusually high volume on Aug. 24, as the stock lost 0.51% to close at $39.14. On the day, UDR Inc. saw 2. 4 million shares trade hands on 10,212 trades. Considering that the stock averages only a daily volume of 1. 12 million shares a day over the last month, this represents a pretty significant bump in volume over the norm. Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the company, potentially setting up a more meaningful...