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N.J. firm acquires Wilmington, Bear apartments for $26M

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A New Jersey-based private equity firm recently acquired two affordable housing apartment complexes in Wilmington and Bear for a combined $26 million, according to county land records. The Portopiccolo Group, based in Englewood Cliffs near New York City, acquired the Clayton Court apartments in Wilmington and Cheltenham Village apartments in Bear from Hockessin-based Delaware Valley

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