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N.J. firm buys Edgemoor apartments for nearly $70M

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WILMINGTON – A New Jersey real estate investment firm recently became the latest out-of-state investor to crack the $100 million mark after acquiring more than 700 apartment units in the Edgemoor area. Capital Management, an owner-operator of multifamily complexes primarily in New Jersey, recently acquired the Colony and Colony North apartments off East Lea Boulevard

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