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Affordable Housing Developers Picks Up Bronx Apartment Building for $76M

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Camber Property Group and Belveron Partners bought a 400-unit apartment building in the Highbridge section of the Bronx for $76.3 million, with plans to bring all the units back to affordable housing, Commercial Observer has learned. The affordable housing developers purchased 1133 Ogden Avenue, also known as Highbridge House, from Stellar Management in a deal that closed today, according to spokespeople for Camber and Stellar”

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