Last Updated: February 3, 2006 11:14am ET

GlobeSt.com UPDATE: AMLI Shareholders Ratify $2B Sale to Morgan Stanley

By Mark Ruda

CHICAGO-Shareholders representing about 75% of AMLI Residential Properties Trust’s common stock agree to take $37.95 per share, a deal that values the multifamily REIT’s portfolio at a capitalization rate below 6%.

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