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Monogram Residential Trust, Inc. Announces First Quarter 2016 Results

May 5, 2016 4:21 PM EDT

PLANO, Texas, May 5, 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 first quarter 2016.

"We are pleased with our first quarter operating and financial results, including the 7.5% growth in proportionate Same Store NOI," stated Mark T. Alfieri, Chief Executive Officer, President, and Chief Operating Officer of Monogram. "During the quarter, we completed two development communities, OLUME... More