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E&M Associates Sells Coltown Portfolio for $148.8M

586 Residential Units Trade in Upper Manhattan
By Brittany Cantwell
September 16, 2015 | 8:30 P.M.

Hillcrest Acquisitions LLC acquired the Coltown Portfolio comprised of 13 multifamily properties in New York City. E&M Associates sold the assets for $148.75 million, or about $254,000 per unit.

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