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BUFFALO AND SARTELL, MINN. — Grandbridge Real Estate Capital has arranged a $7.7 million first mortgage loan for two multifamily properties: Hidden Cove Apartments, an 84-unit apartment complex in Buffalo; and Meadowlawn Village, a 95-unit apartment complex in Sartell. Tony Carlson of Grandbridge originated the loan. Funding for the 10-year, fixed-rate loan was provided through Fannie Mae’s Delegated Underwriting and Servicing program and includes a 30-year amortization schedule. The loan required no personal guaranty and allowed the borrower to pay off the existing financing.