HOULIHAN-PARNES ARRANGES $5.41M CHI. LOAN ACQUISITION

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CHICAGO — Ed Graf and Ted Sannella of White Plains, N.Y.-based Houlihan-Parnes Realtors have brokered the $5.41 million sale of a portfolio of non-performing loans secured by 21 properties in Chicago. The sale price represented 52.5 percent of the loans' face value. The buyer and seller were undisclosed.

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