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Korman Buys Wilmington Apt. Complex for $30M

300-Unit Property Fetches $100,000 Per Unit
By Nan Eckman
August 15, 2007 | 12:51 P.M.

Korman Residential Properties Inc. purchased the 300-unit Brandywine Hundred Apartments from Frank Acierno of Allied Properties. Located at 400 Foulk St. in Wilmington, DE, the 313,133-square-foot complex sold for $30 million, or $100,000 per unit.

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