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August 13, 2015

Berkadia works on Colorado deal

Photo courtesy of Berkadia [enlarge]

Louis Weisman, managing director of Berkadia's Seattle office, secured $26.3 million in financing for two apartment properties in Colorado Springs, Colorado. Epernay Apartments and Quail Run Apartments were built in 1985 and total 360 units. The 10-year loans are for FW Group of Mercer Island through Berkadia's Freddie Mac Program. Entities related to FW Group acquired the properties in 2008 for $25.8 million.




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