$3.62 MILLION LOAN ACQUIRED FOR COUNTRY CLUB APARTMENTS

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MOORESVILLE, N.C. — A 10-year, $3.62 million acquisition loan was secured by Walker & Dunlop through their relationship with Fannie Mae for the 110-unit Country Club Apartments in Mooresville. Amenities include a pool, basketball court, playground, tennis courts and fitness facility. The complex is 94 percent leased. Ted Patch and Brendan Coleman lead the Walker & Dunlop team on behalf of the borrower, Blue Heron Capital.

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