The Virginian-Pilot
                             THE VIRGINIAN-PILOT 
              Copyright (c) 1994, Landmark Communications, Inc.

DATE: Saturday, September 3, 1994            TAG: 9409030433
SECTION: BUSINESS                 PAGE: D2   EDITION: FINAL 
TYPE: DIGEST
SOURCE: Staff 
                                             LENGTH: Short :   19 lines

RICHMOND REALTY TRUST BUYS FLORIDA APARTMENTS

Richmond realty trust buys Florida apartments: United Dominion Realty Trust Inc. announced Friday that it purchased a 248-unit apartment complex in Naples, Fla., for approximately $9.1 million subject to a 7 1/2 percent first mortgage of $5.1 million. The seller was Santa Barbara Landings Partners, a Florida General Partnership. (Staff) by CNB