LOAN SECURED FOR 140-UNIT APARTMENT COMPLEX

GAINESVILLE, FLA. — Rocky Point Apartments Inc. has borrowed a $4.5 million loan for its 140-unit Rocky Point Apartments in Gainesville. Freddie Mac financed the 7-year loan, which comes with a 30-year amortization schedule. William Johnson of NorthMarq Capital’s Boca Raton, Fla., office arranged the loan.