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United Dominion Realty Trust Inc

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BUSINESS
May 18, 2002 | Bloomberg News
United Dominion Realty Trust Inc., the fifth-largest apartment real estate investment trust, is planning to spend about $1.6 billion expanding in California, the company said. The REIT plans a fivefold increase in the number of apartments it owns in the state to about 20,000 during the next three to five years.
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BUSINESS
May 18, 2002 | Bloomberg News
United Dominion Realty Trust Inc., the fifth-largest apartment real estate investment trust, is planning to spend about $1.6 billion expanding in California, the company said. The REIT plans a fivefold increase in the number of apartments it owns in the state to about 20,000 during the next three to five years.
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BUSINESS
September 12, 1998 | Bloomberg News
United Dominion Realty Trust Inc., the nation's second-largest apartment firm, said it agreed to buy Lazard Freres & Co.'s American Apartment Communities for $787 million, including the assumption of $451 million in debt, in a deal that would give it a bigger presence in West Coast markets. The purchase of San Francisco-based American Apartment would increase United Dominion's holdings by 14,140 apartments, or 20%, to 86,000. The Richmond, Va.
BUSINESS
September 12, 1998 | Bloomberg News
United Dominion Realty Trust Inc., the nation's second-largest apartment firm, said it agreed to buy Lazard Freres & Co.'s American Apartment Communities for $787 million, including the assumption of $451 million in debt, in a deal that would give it a bigger presence in West Coast markets. The purchase of San Francisco-based American Apartment would increase United Dominion's holdings by 14,140 apartments, or 20%, to 86,000. The Richmond, Va.
BUSINESS
July 20, 2001 | JOSH FRIEDMAN, TIMES STAFF WRITER
As technology and telecom stocks have swooned for more than a year, analysts who track insider stock transactions have been searching for signs from industry executives that the bottom might be in sight. Federal filings last month may provide such a signal, one analyst said Thursday. "The picture has improved in the tech sector as insiders have started to selectively accumulate shares," said Lon Gerber, director of research at Thomson Financial/Lancer Analytics in Scottsdale, Ariz.
BUSINESS
September 8, 2004 | Annette Haddad, Times Staff Writer
Even with sky-high housing prices, Southern Californians have to live somewhere. A Virginia-based real estate investment trust is betting that will be in apartments. United Dominion Realty Trust Inc., the nation's fourth-largest REIT, said Tuesday it would spend $897 million to buy more than 6,100 units, mostly in the Southland.
BUSINESS
April 29, 1998 | From Times Wire Reports
PepsiCo Inc. said first-quarter earnings rose 19%, in line with expectations, but it cautioned that second-quarter profit might feel the pinch from slower growth in its Frito-Lay snack foods unit because of potato shortages. The nation's second-largest soft drink maker said operating profit rose to $377 million, or 24 cents a diluted share, a penny more than analysts' forecasts, from $318 million, or 20 cents, a year earlier.
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