RED PROVIDES $10 MILLION LOAN FOR MULTIFAMILY PROPERTY IN OHIO

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DUBLIN, OHIO — Red Mortgage Capital has funded a $10.41 million loan for the refinancing of Tuttle's Grove Apartments Phase I in Dublin. Originally constructed in 1995, the 20-building complex offers 222 units, a heated swimming pool, a whirlpool/spa, tennis courts, a clubhouse, a fitness center, extra storage facilities and a gated entrance. The borrower is Columbus, Ohio-based Kontogiannis & Associates.

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