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Real Estate Equities Pays $14M for Multifamily Portfolio

J.A. Reinhold Residential Sells 166 Units in Saint Paul
By Sarah Burns
May 8, 2012 | 11:27 AM

Multifamily developer and owner Real Estate Equities acquired the Lowertown Commons and Parkside apartment buildings in Saint Paul, MN from J.A. Reinhold Residential for an aggregate $14.025 million, or almost $84,500 per unit.

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