WOODLAKE VILLAGE APARTMENTS IN SACRAMENTO RECEIVES $36M IN FINANCING

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SACRAMENTO, CALIF. – The 646-unit Woodlake Village Apartments in Sacramento has received $36 million in acquisition financing. The community is located at 200 Bicentennial Circle near Sacramento State University. It was built in 1979. The 10-year Fannie Mae loan features a 4.92 percent fixed rate. It was originated by Mitch Clarfield of Berkeley Point’s Santa Monica office on behalf of the buyer, Horizon Realty Partners (HRA).

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