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January 20, 2011

Berkadia Commercial Mortgage

Berkadia originated more than $23.7 million through its Freddie Mac program to buy the 266-unit Madison Sammamish apartments. The property has undergone significant renovations since it was built in 1988, according to Berkadia. The borrower is a new joint venture of Pacific Property Co. and Trecap Partners. The loan was originated by Berkadia's San Francisco office.




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