Sequentially, multifamily same-property NOI for the third quarter 2012 decreased 0.2 percent compared with the second quarter 2012, with revenues increasing 2.2 percent and expenses increasing 5.9 percent compared with the prior quarter. The increase in expenses is primarily due to seasonal increases in utilities and repair and maintenance costs in the third quarter 2012 compared to the second quarter 2012.Asset Recycling Transactions
Colonial Properties Trust Reports Results For Third Quarter 2012
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