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Post Properties Inc

Post Properties Inc. was a publicly-traded real estate investment trust (REIT) based in the United States. The company was focused on the development, ownership, and management of upscale multi-family apartment communities in the Sunbelt region of the country.

Post Properties was founded in 1971 and went public in 1993, listing its stock on the New York Stock Exchange (NYSE) under the ticker symbol "PPS". The company was known for its high-quality properties, which were primarily located in major metropolitan areas with strong job growth and population trends.

Over the years, Post Properties expanded its portfolio through a combination of development and acquisition, and at its peak, the company owned and managed over 23,000 apartment units in several states, including Georgia, Florida, Texas, North Carolina, Virginia, and Arizona.

In June 2016, Post Properties was acquired by Mill Creek Residential Trust LLC, a privately-held real estate company, for approximately $1.8 billion in cash. As a result of the merger, Post Properties ceased to exist as a public company and its stock was delisted from the NYSE.

Overall, Post Properties was a well-respected company in the real estate industry, known for its commitment to quality and its ability to generate consistent financial performance over the years. Its acquisition by Mill Creek Residential Trust was seen as a positive development for the company, as it provided a path for further growth and expansion in the rapidly-growing multi-family housing market.