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UDR Pays $58M for Towson Multifamily

New Boston Fund Sells 264-Unit Complex Near Towson University
By Melannie Skinner
May 16, 2008 | 9:25 P.M.

New Boston Fund Inc. sold the Dulaney Crescent Apartments in Towson, MD, to United Dominion Realty Trust Inc. for $58 million, or approximately $220,000 per unit.

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