Joe Scholes

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    The 16-year term loan with a 30-year amortization schedule was arranged by Dougherty’s Minneapolis office on behalf of the borrower, Amorce II Limited Partnership.

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  • February Rent Growth Hits Record Low

    Although the year-over-year rate of 2.7 percent was close to the long-term average, last month's growth was the weakest seasonal gain in the past seven years.

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    Berkadia lined up a seven-year, fixed-rate Fannie Mae loan to refinance the Mansions at Timberland, a 384-unit multifamily property in Fort Worth, Texas.

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