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ATLANTA — Institutional Property Advisors Capital Markets (IPA Capital Markets) has arranged $17.2 million in acquisition financing for The Waterford on Piedmont, a 153-unit high-rise apartment community in Atlanta. The residential tower is located at 530 Piedmont Ave. in Atlanta’s Midtown district. Jake Roberts and Anita Paryani of IPA Capital Markets’ West Los Angeles office arranged the 12-year loan with seven years of interest-only payments and a 30-year amortization schedule. The loan has a fixed interest rate of 4.04 percent.