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Heritage on Millenia Purchased for $40M

Broad and Cassel Sells Class A Orlando Complex
By Terez Buford
April 21, 2015 | 3:48 P.M.

Milestone Apartments Real Estate Investment Trust (Milestone), a Toronto-based REIT, closed on its previously announced acquisition of Heritage on Millenia, a 303-unit apartment community at 3757 Millenia Blvd. in Orlando, FL for $40 million, or approximately $132,000 per unit, from Broad and Cassel.

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