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29 Jul

Terrace Capital, Inc. Announces- $13.50MM Non-Recourse Multifamily Loan- Western Michigan Apartments - Kalamazoo and Kent County, MI.

The proceeds of this $13.50MM, 75% loan-to-value mortgage was used by the borrower, Hughes Equities, LLC, for the repayment of existing floating rate debt, attempting to head off a rise in long term interest rates. ...

1888 Pre...Releases June 30 13

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