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New Jersey Investor Buys Durham Apartment Complex for $32.5 Million

JEM Holdings Sells 400-Unit Marquis Gardens About Three Years After Buying It
By Edward Breeden
CoStar Research
October 30, 2020 | 5:44 P.M.

Concordia Properties, a New Jersey-based real estate investment and management firm with a focus on residential properties, acquired the 400-unit Marquis Gardens apartment complex in Durham, North Carolina, for $32.5 Million, or about $81,000 per unit.

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