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UIP and Lubert-Adler Acquire Adams Morgan Apt. Bldg.

72-Unit Embassy Towers Purchased for $13.25 Million
By Adam Kosna
April 2, 2015 | 1:00 P.M.

Urban Investment Partners (UIP) and Lubert-Adler Partners acquired Embassy Towers, a value-add multifamily property in Adams Morgan for $13.25 million, or about $184,000 per unit.

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