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Foreclosure Threat: DC Apartment Auction
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Overview
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A 110-unit apartment building in Washington DC's Union Market neighborhood, owned by Ranger Properties, is heading to auction after just a year of operation.
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How might the foreclosure of this apartment building impact the local real estate market?
How will the auction of this building influence future developments in the Union Market neighborhood?
What factors led to this property facing foreclosure within just a year?
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