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It funded its purchase with a $37.55 million Freddie Mac mortgage that HFF wrote. The loan has a 10-year term and requires only interest payments for the first five years. It's designed to be securitized.
Elco Landmark, of Tampa, Fla., and Timbercreek, a Toronto investment manager, funded the purchase of the properties, Hidden Oaks and Woodbridge, by assuming $32.6 million of Freddie Mac debt and lining up an additional $9 million of financing from Walker ...
Elco Landmark, of Tampa, Fla., and Timbercreek, a Toronto investment manager, funded the purchase of the properties, Hidden Oaks and Woodbridge, by assuming $32.6 million of Freddie Mac debt and lining up an additional $9 million of financing from Walker ...
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