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ELIZABETHTOWN, KY. — Tammy Tate of Love Funding’s Knoxville, Tenn., office has closed a $5.07 million refinancing loan for the 62-unit Clays Pointe Duplexes in Elizabethtown. The loan was secured through the Federal Housing Administration’s 223(f) loan insurance program. The borrower, DuPlessis Clays Pointe Property, used the financing to acquire the rest of the property it did not already own from Twin Maple. DuPlessis owned 11 of the 31 duplexes on site prior to the refinancing. The cost to purchase the additional 20 duplexes from Twin Maple was $4.13 million.