CENTERLINE ARRANGES $6.8M IN ACQUISITION FINANCING

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WILMINGTON, DEL. — Centerline Capital Group has arranged a $6.8 million loan for the acquisition of Haverford Place Apartments in Wilmington. The borrower is Haverford LLC. The 132-unit property was built in 1963 and consists of six, three-story buildings. The complex is 93 percent occupied. The 10-year loan carries a 3.9 percent interest rate.

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