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Gables, Post Join Colleagues to Fund Internet Leasing Exchange

ATLANTA-A seven-REIT consortium is giving California-based Viva $17.3 million to expand a program that is already matching renters and owners and transacting leases online.

By Judith Schonbak | Updated on November 07, 2000

ATLANTA-Locally-based Gables Residential and Post Properties are part of a seven-REIT apartment industry consortium that is giving Santa Monica, CA-based Viva Group Inc. $17.3 million to enhance a program that is already matching renters and owners and transacting leases online.

The other consortium members are Archstone Communities, AvalonBay Communities, Camden Property Trust, Equity Residential Properties Trust and United Donimion Realty. The companies aggregately represent more than 530,000 apartment units.

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