LOVE FUNDING ARRANGES $4.81 MILLION MULTIFAMILY LOAN

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COLUMBIA, PA. — The Boston office of Love Funding has arranged a $4.81 million loan for the refinancing of St. Peter Apartments, a 127-unit multifamily property located in Columbia. Love Funding’s Leonard Lucas originated the loan on behalf of the undisclosed borrower. The loan was secured through the HUD 202/223(f) loan program. It includes a 6.03 percent fixed interest rate and a 26-year amortization schedule.

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