Reports Q1 revenue $214.03M, consensus $208.02M. Ted Klinck, president and CEO, stated, “We had a strong quarter with excellent operational performance and financial results. Plus, our investment activity, which included our joint venture acquisitions of The Terraces in Dallas and Bloc 83 in Raleigh and the sale of a non-core portfolio in Richmond, significantly improves our portfolio quality, strengthens our cash flows and increases our long-term growth rate.”
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