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  • Strawberry Fields Refinances TN Skilled Nursing Facilities

    The $27.2 million HUD guaranteed loans from Capital One Multifamily Finance have a 35-year term at a 3.43 percent fixed interest rate. The REIT acquired the three properties last year.

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  • Phoenix Community Changes Hands in $82M Deal

    The new owner of Andante Apartments plans interior upgrades, as well as renovations of the clubhouse. The asset has an occupancy rate of 92.5 percent.

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    CBD and suburban office represented 31 percent of the total transaction volume, and mid- and high-rise and garden apartments represented 33 percent in the past year.

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  • CAPREIT to Manage 3 Miami-Area Affordable Communities

    All three were purchased for $59 million in March 2017 by the American Opportunity Foundation, which plans to invest in extensive upgrades.

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    Featuring designs inspired by the work of Frank Lloyd Wright, the community comprises 29 luxury townhomes on the site of a former lumberyard.

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