FIRM BORROWS $20 MILLION TO PURCHASE FLORIDA APARTMENTS

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ORLANDO, FLA. — Deutsche Bank Berkshire Mortgage has provided a $20 million Freddie Mac loan for the purchase of Venue Apartments in Orlando. The 306-unit complex is located at 3701 Grandewood Blvd. The 10-year loan comes with fixed-rate capital markets execution, one year of interest-only payments and a 30-year amortization.

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