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SALT LAKE CITY — A 49,928-square-foot charter school in Salt Lake City has received an $8.4-million refinance. The transaction allowed the school’s owner to increase his net cash flow by reducing the annual debt service on this asset. The five-year loan amortizes over 25 years at 4.1 percent. It features a 70 percent loan-to-value. The loan was arranged by Colton Smith of Marcus & Millichap Capital Corporation’s Salt Lake City office.