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Real Estate/Development

Aug. 15, 2013

Philip J. Levine

Morrison & Foerster LLP Palo Alto Specialties: transactions, joint ventures, investment funds


Levine represented Morguard North American Residential REIT, a real estate investment trust, in its acquisition of 12 multi-unit residential properties for $440 million in a deal that spanned communities in Colorado, Florida, North Carolina, Georgia and Texas.


After closing the final portion of the acquisition from Pearlmark Real Estate Partners LLC, Levine said, the REIT will own interests in 11,160 units in Canada and the United States valued at about $1.4 bill...

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