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Capital One Multifamily Finance provided a $21 million loan, with a 10-year term, for the purchase.
Bank United of Miami Lakes, Fla., provided $6.9 million of financing for the purchase.
ING Life Insurance provided a $9.5 million mortgage for the purchase.
The property backs $7.9 million of debt that was provided by Morgan Stanley Bank.
Jones Lang LaSalle arranged $13 million of financing for the purchase.
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© 2023 Commercial Real Estate Direct All rights reserved..