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HOOVER, ALA. — Berkeley Point Capital has provided $22.65 million in first mortgage financing for the acquisition of the 342-unit Barrington on the Green Apartments, a garden-style multifamily community located at 5775 Summer Place Pkwy. in Hoover. The 10-year loan has the first 5 years interest only, followed by a 30-year amortization schedule. The sponsor plans to initiate a $1.4 million capital improvement program, including major upgrades to unit interiors, common areas and amenities.