Colonial Properties

Consolidation Intensifies in Multifamily Industry
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Consolidation Intensifies in Multifamily Industry

A decade after massive REIT privatization and consolidation, history is repeating... More

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Colonial Looks to Upgrade Its Portfolio Colonial Looks to Upgrade Its Portfolio

In the past six quarters, Birmingham, Ala.-based Colonial Properties Trust has bought 10 assets for $298 million and sold another six properties for $105.8 million under its capital recycling program. But the REIT isn’t just focused on buying and selling. It’s also funneling some of that capital into development. Colonial's president and CFO, C. Reynolds Thompson III, took some time to talk with Multifamily Executive about these moves and the company’s strategy. More

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