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N.J. firm buys Newark apartments for $63M

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NEWARK – A New Jersey-based multifamily real estate investment and operating firm is quickly becoming a major player in the northern Delaware market, especially in the Newark area, after acquiring the Apartments at Pine Brook for $63 million last month. Montium, a 2-year-old firm based in Lakewood, N.J., and led by founding partners Sam Tress,

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