LM Consultants, Inc.
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AvalonBay and UDR Exchange $500M Worth of Multifamily Properties
04/14/2011

AvalonBay Communities exchanged four properties, three in Massachusetts and one in California, for a UDR portfolio consisting of six California properties and cash. With this transaction, AvalonBay will exchange 1,566 of their units for 1,418 of UDR’s units.

LM Consultants is pleased to be one of the parties relied upon for an objective analysis of these properties. LM Consultants is also proud of our tight project coordination which resulted in expedited turnaround time for our analysis. In a market where deals require shorter closing timeframes, LM Consultants’ nationwide staff of experienced professionals work to meet our clients needs.

For additional information on this project, please see Craig Douglas and Tim McLaughlin’s article for Denver Business Journal available here: http://bit.ly/dUxiuQ