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J.P. Morgan REIT Acquires Pittsburgh Apartment Complex

Deal for $51 Million Is Second-Largest Multifamily Sale This Year in City
Coda on Centre in Pittsburgh is collateral for a $29.44 million commercial mortgage-backed securities loan. (Alan Battles/CoStar)
Coda on Centre in Pittsburgh is collateral for a $29.44 million commercial mortgage-backed securities loan. (Alan Battles/CoStar)
CoStar News
December 15, 2022 | 6:45 P.M.

Having raised about $30 million since launching in late July, J.P. Morgan Real Estate Income Trust has picked up its third multifamily property.

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