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Real Estate Rumors: SME, JP Morgan Asset Management, IDS

By Andrew McIntyre ( January 16, 2019, 10:01 PM EST) -- SME Capital Ventures is close to a deal to buy a New York Bedford-Stuyvesant rental apartment building for $22 million, The Real Deal reported on Wednesday, citing sources. The firm is nearing a deal for 691 Marcy Ave. , which has 41 units across eight floors and is currently owned by Brookland Capital, Real Deal said. . . .

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