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Savannah Court Apts. Trade for $12.4 Million

Norwood Avenue Complex Changes Hands in REO Sale
By Brandon King
February 8, 2011 | 9:00 P.M.

JP Morgan Chase Bank, via its wholly owned subsidiary foreclosure holding company CRP Properties Inc., disposed of the REO multifamily asset at 4301-4339 Norwood Ave. in Sacramento. The sale price was $12.36 million or $63,385 per unit.

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