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ENCINO, CALIF. — Newmark Realty Capital has arranged a $45 million construction loan for a fully entitled mixed-use development in Encino. Located along Ventura Boulevard, the property will consist of 125 Class A multifamily residential units and more than 17,000 square feet of ground-level retail space. The development is currently under construction and slated for completion in 2010. George Mitsanas of Newmark Realty Capital arranged the financing for the undisclosed borrower.