Monogram Residential Trust (MORE) Tops Q2 FFO by 3c

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Monogram Residential Trust, Inc. Announces Second Quarter 2015 Results

August 5, 2015 4:01 PM EDT

PLANO, Texas, Aug. 5, 2015 /PRNewswire/ -- Monogram Residential Trust, Inc., (NYSE: MORE) ("Monogram" or the "Company") an owner, operator and developer of luxury apartment communities in select markets across the United States, today reported operational and financial results for the second quarter 2015.

"We are pleased with our strong second quarter results, which reflect continued growth across our portfolio. Second quarter Core FFO grew by 60%, and we reported solid increases in rental revenue, NOI, and occupancy rates, which allowed us to increase our target for full year 2015 Same Store NOI growth," stated Mark... More