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NY REIT Buys Annapolis Roads Apts. for $32.5M

Dubin Development Sells 282-Unit Complex for $115,250 Per Unit
By Melannie Skinner
August 25, 2010 | 5:23 P.M.

New York-based REIT Home Properties Inc. purchased an apartment community at 1101 Lake Heron Drive in Annapolis, MD, from Dubin Development Co. for $32.5 million, or about $115,250 per unit.

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