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DALLAS — The Houston office of Aries Capital has secured a $3.57 million loan for LaVita, a 162-unit multifamily property located in Dallas. The property was constructed in 1973 and is situated on Lovers Lane. It comprises one- and two-bedroom apartments, and amenities include a clubhouse, a pool, a fitness center and a business office. The loan carries a 3-year term with a 20-year amortization schedule, a fixed interest rate and a 53 percent loan-to-value ratio. Leonard Smith of Aries arranged the loan on behalf of the borrower, which plans to use the proceeds to renovate this property, as well as another in its portfolio. The borrower was a local bank.