GRANDBRIDGE CLOSES $21 MILLION LOAN FOR TWO INDIANA MULTIFAMILY PROPERTIES

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FORT WAYNE, IND. — Grandbridge Real Estate Capital has closed a $21 million loan, which was secured by two multifamily properties in Fort Wayne. The garden-style communities offer a total of 696 units. David Aaronson and Seth Barrett of Grandbridge's Houston office originated and arranged the financing, which was provided by CIBC Investment Bank.

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