50
OKLAHOMA CITY — Tremont Realty Capital has arranged $4.32 million in acquisition financing for a three-property mobile home community portfolio in Oklahoma City. The portfolio contains a total of 428 home sites and 47 RV sites. The communities are Granada Village, Anchor Inn and Airway Estates. The loan carries a 5-year term, a 6.25 percent fixed interest rate and a 65-percent loan-to-value ratio. Tom Lorenzini of Tremont's Chicago office arranged the deal through a local bank on behalf of the undisclosed borrower, which was completing the acquisition as part of a 1031 exchange.