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HOUSTON — Jamie Mullin of LMI Capital has placed permanent financing for the acquisition and refinance of two garden-style apartment complexes in the Houston area. In the first transaction, Mullin placed a $20 million, 10-year loan for a 1,000-unit asset located in south Houston. The loan was a refinance providing cash out proceeds to the borrower, and featured a fixed interest rate and a flexible prepayment structure. Working on behalf of the borrower in the second transaction, Mullin originated a $5 million, five-year loan for a 150-unit asset in Texas City. The acquisition financing included a fixed interest rate of 4.3 percent and proceeds of 75 percent of the purchase price.