Starwood Capital to buy apartment units worth $5.37 billion

October 26, 2015 10:27 AM

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Starwood Capital to buy apartment units worth $5.37 billion

Private investment firm Starwood Capital Group has agreed to buy 72 properties from U.S. real estate company Equity Residential (EQR.N) for about $5.37 billion.

The properties comprise a mix of 23,262 mid-rise and garden-style apartment buildings, located in regions including South Florida, Denver, Colorado, Washington D.C., Seattle and Inland Empire.

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