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TreeTop Development Acquires Audubon Place Apts for $39M

The Praedium Grp, Audubon Communities Mgmt Sell 404 Unit Belleville Multifamily
By Michelle Shaw
December 19, 2012 | 7:19 P.M.

The Praedium Group LLC and Audubon Communities Management LLC sold the 404-unit Audubon Place Apartments at 318 Belleville Ave. in Belleville, NJ to TreeTop Development for $38.99 million, or approximately $96,500 per unit.

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