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TUPELO, MISS. — John Segrest of Charlotte, N.C.-based Grandbridge Real Estate Capital’s Birmingham, Ala., office has secured a $3 million fixed-rate, non-recourse loan for the 112-unit Feemstaer Lake Apartments. The property stands on 7.3 acres near the University of Mississippi in Tupelo. The 19-year-old property is 96 percent occupied. Fannie Mae’s ERL program provided financing for the 10-year loan. The loan carries an interest rate in the mid-6 percent and a 30-year amortization.