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Condo Conversion Planned at Colony House Apts.

Investors Pay $11 Million for 68-Unit Bldg. in Red Bank
By Kiera Martin
August 22, 2008 | 3:17 P.M.

A consortium of investors acquired the 68-unit Colony House Apartments in Red Bank, NJ, from Jonathan Krantz of Krantz Property Management for $11 million, or about $161,800 per unit.

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