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City: Glendale

Standard 59

SPL Cos. of Denver was the seller. Standard 59 was encumbered by a $3.7 million Freddie mortgage that paid a 3.3 percent coupon and was subject to a penalty if paid off prior to May 2030.

Standard West

SPL Cos. of Denver was the seller. Standard West had been encumbered by a $9 million Freddie Mac loan that paid a 3.31 percent coupon and was subject to prepayment penalty if paid off before May 2030.

Cantamar Apartments

SB Real Estate Partners has paid $58.1 million, or $322,778/unit, for the 180-unit Cantamar Apartments in Glendale, Ariz. The Irvine, Calif., investor purchased the property from a Los Angeles limited liability company.

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