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NEWARK, N.J. — Livingston, N.J.-based Gebroe-Hammer Associated has completed the acquisition of an eight-building multifamily portfolio in Newark for $14 million. The properties comprise 256 rental units, and cover a full city block between 624 and 784 Martin Luther King Blvd. David Oropeza and David Jurvis of Gebroe-Hammer represented the buyer, TreeTop Development. Meridian Capital Group arranged the acquisition financing through NY Community Bank and Signature Bank. The seller was undisclosed.