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HOUSTON — Brandon Brown of LMI Capital has arranged $17 million in debt through Fannie Mae for the refinance of three Houston area apartment communities. Each non-recourse loan features a 7-year term. The properties include the 254-unit Braes Hollow Apartments in southwest Houston, the 262-unit Solano Apartments in Webster, and the 244-unit Red Pines Apartments in Pasadena.