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BIRMINGHAM, ALA. — Hendricks & Partners has arranged the $66.5 million note sale of the five-property, 1,900-unit Park Lane Portfolio, located in Birmingham. The multifamily communities in the portfolio include the 742-unit Overlook at Homewood, the 244-unit Renaissance at Galleria, the 150-unit Place at Galleria, the 431-unit Park at Galleria and the 333-unit Cliffs at Rock Ridge. David Oakley of Hendricks & Partners represented Germany-based Duesseldorfer Hypothekenbank AG and Deutsche Hypothekenbank (Actien-Gesellschaft), the sellers, in the transaction. The buyer was New York-based CLK Longview Acquisitions.