PARTNERSHIP SELLS 14-STORY APT. TOWER IN ATLANTIC CITY

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ATLANTIC CITY, N.J. — A partnership between Edison Investment Advisors and Sencit Properties has sold a 14-story apartment tower in Atlantic City to an unidentified buyer, who also owns an adjacent property called Metropolitan Plaza. The 201-unit affordable housing project is one block from the new Revel Resort & Casino and includes an attached parking garage, newly renovated units and a 24-hour security guard. Jason Starkman of Starkman Realty Group represented both parties in the transaction.

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