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SCI Properties Buys 367-Unit Complex in Las Colinas

Adds Mandalay on the Lake Community to Texas Portfolio for $45.3 Million
By Brandi Pinkston
January 22, 2007 | 4:50 P.M.

Los Angeles-based SCI Real Estate Investments acquired Mandalay on the Lake, a 367-unit luxury apartment community in Irving from United Dominion Realty Trust Inc. for $45.3 million, or about $123,433 per unit.

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