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Carlyle reduces US apartment holdings
Published Wed, Oct 2, 2013 · 10:00 PM
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[SEATTLE] Carlyle Group LP, the private-equity firm with more than a third of its US$2.3 billion US real estate fund in apartments, is reducing holdings of multi-family housing as rent growth slows from a post-recession surge.
The company is considering apartment sales as rising construction reduces multi-family housing shortages and price gains for rental properties make them less attractive for …
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