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November 10, 2005

Buchanan Street Partners

Real estate investment bank Buchanan Street Partners secured $43.1 million in institutional financing on behalf of ColRich, a San Diego-based developer, to acquire the 238-unit Avalon Wildwood Apartments in Lynnwood. ColRich plans to convert the property into condominiums. Buchanan Street secured the money from LaSalle Bank. ColRich focuses on development in the West and partners with OMI, a CalPers fund run by Resmark.




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