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INDIANAPOLIS — Tremont Realty Capital has arranged a $6 million loan for the refinancing of Lantern Estates. Located in Indianapolis, the 220-unit multifamily property was 90 percent occupied at the time the loan was originated. Amenities include a community office, clubhouse and swimming pool. Tom Lorenzini of Tremont’s Chicago office arranged the three-year bridge loan, which was funded through a hedge fund capital source. The non-recourse loan features a low variable interest rate and no prepayment penalty. Additionally, there is an interest-only feature for the first 12 months. The loan-to-value is 75 percent.