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Northmarq has provided $68 million of Freddie Mac financing against two apartment properties with 506 units in the Houston area. The two fixed-rate loans, originated through the housing finance agency's Optigo program, have seven-year terms and were used to retire ...
JLL Income Property Trust has paid $75 million, or $231,481/unit, for Jory Trail at the Grove, a 324-unit apartment complex in the Portland, Ore., suburb of Wilsonville, Ore. The Chicago REIT, whose shares do not trade on any exchange, purchased ...
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