NORTHMARQ CAPITAL ARRANGES LOAN FOR ALABAMA APARTMENTS

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HUNTSVILLE, ALA. — Sam Berns of NorthMarq Capital's Rochester, N.Y., office has arranged a $16.47 million loan for a Huntsville apartment complex. AmeriSphere Mortgage Finance funded the loan for the 204-unit Main Street Apartments. The 35-year loan carries a 4.95 percent interest rate and a 35-year amortization.

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