Equity Residential to sell some apartments to Starwood Capital for $5.4 bln-WSJ

October 26, 2015 5:55 AM

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Oct 26 Real estate company Equity Residential has agreed to sell more than 23,000 apartments to Starwood Capital Group for $5.4 billion, the Wall Street Journal reported.

The deal, which could be announced as early as Monday, represents about a quarter of the units in Equity Residential's portfolio of apartments, the newspaper said. (on.wsj.com/1PNfhQd)

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