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Pacific Urban, Hanover Merger Creates More Formidable Apartment Buyer

Deal Shows Strength of Value-Add Strategy Over Long Term, Analyst Says
CoStar News
October 5, 2021 | 10:47 P.M.

Pacific Urban Residential and Hanover Real Estate Services plan to merge in a deal that represents the joining of two of the largest investors in the U.S. value-add apartment space, where companies seek out properties to make improvements and boost rents.

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