$30 MILLION LOAN SECURED FOR APARTMENT COMPLEX

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BOYNTON BEACH, FLA. — William Johnson of NorthMarq Capital’s Boca Raton, Fla., office has arranged a $30 million first mortgage for the 319-unit Gateway Club Apartments. The property is located at 3930 Max Place in Boynton Beach. Financing for the 7-year loan was provided by Freddie Mac. The loan comes with a 30-year amortization schedule.

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