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Landmark Apartment Trust to Hold Special Meeting for Merger Vote

Landmark Apartment Trust, a publicly registered non-traded real estate investment trust, will hold a special meeting of the stockholders to vote on the proposed merger with Monument REIT Merger Sub L.P., an affiliate of Starwood Capital Group and Milestone Apartments Real Estate Investment Trust.

The special meeting will be held at 4901 Dickens Road, Suite 101, Richmond, Virginia 23230, on January 22, 2016 at 9:00 a.m. Eastern Time.

The REIT’s board of directors previously approved the $1.9 billion merger. According to the terms of the agreement, Monument will acquire all of the outstanding common stock of Landmark and all of the outstanding common units of Landmark’s operating partnership for $8.17 per share or common unit in an all-cash transaction.

The REIT’s stockholders will also vote on a non-binding, advisory proposal to approve the compensation that may become payable to Landmark’s named executive officers in connection with the merger. In addition, a vote will be held to approve any adjournments of the special meeting for the purpose of soliciting additional proxies if there are not sufficient votes to approve the merger.

Landmark Apartment Trust specializes in the ownership, acquisition, management and disposition of multifamily apartment communities in geographically diverse, high-growth markets. The REIT owns and operates apartment units across the southern United States.