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Nine of the properties are in Florida, while the other is Georgia. JLL Multifamily provided $47.69 million of Fannie Mae financing for the buyer.
Sabal Capital II provided $7.5 million of acquisition financing that matures in January 2039.
Wells Fargo Bank provided $13.55 million of financing for the purchase.
Regions Bank provided $43.81 million of financing for the buyer.
96 percent leased to 17 tenants.
JPMorgan Chase Bank provided a $51.13 million loan for the purchase.
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