Monogram Residential Trust (MORE) Reports In-Line Q2 FFO
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Monogram Residential Trust Announces Second Quarter 2016 Results And Updates 2016 Outlook
August 4, 2016 4:16 PM EDTPLANO, Texas, Aug. 4, 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 second quarter 2016.
"Our results year-to-date, including a 5.8% increase in proportionate same store NOI, reflect the strong performance of our diversified portfolio of Class A assets, however, looking ahead, we expect that increased supply will continue to impact certain markets," stated Mark T. Alfieri, Chief Executive Officer,... More
