About Colonial Properties Trust:
Colonial Properties Trust (the Trust) is a multifamily-focused self-administered equity real estate investment trust (REIT) that owns, operates and develops multifamily communities primarily located in the Sunbelt region of the United States. It is a fully-integrated real estate company, engaged in the acquisition, development, ownership, management and leasing of multifamily apartment communities and other commercial real estate properties. The Company operates in two segments: multifamily and commercial. In June 2012, it acquired 256-unit Class A apartment community Colonial Grand at Fairview located in Dallas, Texas. In July 2012, it sold its remaining 15% interest in the 18-asset DRA/CLP Office joint venture with DRA Advisors LLC. In December 2012, it acquired two Class A apartment com...... (Source: SEC reports)
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