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Post Properties issues call for $50.34 million of 7.625% preferreds
By Toni Weeks
San Diego, Feb. 8 - Post Properties, Inc. is calling for redemption its $50,337,174 of 7.625% series B cumulative redeemable preferred shares, according to a press release.
The redemption will occur on March 14 at a price of $25.386543 per share, which includes accrued dividends up to and including the redemption date.
The Atlanta-based real estate investment trust is a developer and operator of upscale multifamily communities.
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