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August 18, 2011

Berkadia Commercial Mortgage

Louis Weisman of Berkadia in Seattle originated an $8.75 million, 80 percent loan-to-value loan for the 60-unit Olympic Square Townhomes in Gig Harbor. The 4.8-acre property has 5,380 square feet of retail. The loan has a 10-year term with 30-year amortization and was financed through Freddie Mac's Capital Markets Execution program.




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