KEYBANK SECURES $6 MILLION LOAN FOR APARTMENT COMMUNITY

GRAND ISLAND, NEB. — KeyBank Real Estate Capital has secured $6 million in financing for Autumn Park Apartments, a 144-unit, garden-style multifamily community located in Grand Island. The loan, which closed 2 months after application, comprises a conventional fixed-rate mortgage. The lender was Fannie Mae and the borrower was Timm Autumn Park LLC.