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    The 430-unit Legacy Crossing comprises one-, two- and three-bedroom affordable apartments ranging from 711 to 1,063 square feet. The company plans on making upgrades to the units.

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  • NEI Begins Construction on Newest TOD in MA

    The six-story development will be adjacent to the Beverly Depot commuter train station. The 112 Rantoul St. team includes women-owned businesses Barnat Development, ICON Architecture and McDermott Ventures.

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    The developer invested $18.5 million in Freedom Gardens, a four-building project in the Central Florida city of Brooksville. HTG currently has four affordable communities under construction in the state.

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    The city's multifamily market is thriving due to healthy tourism, above-trend population gains and a rapidly growing economy.

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  • Lantower Lands 451-Unit FL Asset

    The company purchased Seneca at Cypress Creek, a 2010-built community in the Lutz/Wesley Chapel submarket of Tampa, Fla. With this acquisition, Lantower’s portfolio comprises 14 multifamily properties totaling 4,600 residential units.

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    If you’re an investor, there will be a few surprises and some changes you should be prepared for, according to Karlin Conklin, vice president of private equity at Investor’s Management Group and principal at IMG Northwest.

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  • NJ Senior Community Lands $8M Refi

    Magnolia Gardens Assisted Living was subject to a 35-year loan. Laura Saull-Smith arranged the financing for the 79-unit community located in Toms River, N.J.

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  • DFW Community Lands $9M Fannie Mae Refi

    Dougherty Mortgage arranged the 10-year loan with a 30-year amortization schedule for Villa Creek in Farmers Branch, Texas.

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  • EBSCO Refinances 2 Southeast Properties

    The company received $61.6 million from Capital One in Fannie Mae fixed-rate loans to refinance communities in Tennessee and North Carolina.

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