50-UNIT NORTH CAROLINA APARTMENT COMPLEX FINANCED

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MOREHEAD CITY, N.C. — Brad Cox of Thomas D. Wood & Co.’s Sarasota, Fla., office has arranged a $1.55 million loan for the 50-unit Crystal Coast Apartments, located at 2109 Mayberry Loop in Morehead City. The 10-year loan is part of the Fannie Mae Immediate Delivery Loan Program. The loan carries a 5.94 percent interest rate and a 30-year amortization.

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