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PATERSON, N.J. — Grandbridge Real Estate Capital has arranged a $4.8 million first mortgage loan for Congdon Mill Apartments, a 67-unit affordable housing property in Paterson. Paul Aanonsen and Jack Bauer of Grandbridge negotiated the 15-year loan through Freddie Mac. The property, originally constructed as a manufacturing mill in 1907, is located on the Passaic River. The loan contains a 35-year amortization schedule.