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Monogram Residential Trust Announces Third Quarter 2016 Results And Updates 2016 Outlook

November 3, 2016 4:15 PM EDT

PLANO, Texas, Nov. 3, 2016 /PRNewswire/ -- Monogram Residential Trust, Inc., (NYSE: MORE) ("Monogram" or the "Company") an owner, operator and developer of luxury apartment communities with a significant presence in select coastal markets across the United States, today reported operational and financial results for the third quarter 2016.

"Year to date, we are pleased with our ability to increase total portfolio NOI growth by 11.4% over the prior year as we grow revenue and de-risk our portfolio through the completion of our development program, having added three communities containing 983 units over the... More