Udo Stöckl

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    The 75-unit 2001 East Apartments, which is located close to the Church Hill Historic District, traded for $9.7 million. Rents at the residential property, which also has two commercial suites, equate to an average of $1,177.

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    The bridge loan will allow the borrowers to complete construction on River House Apartments, a 244-unit community with retail and office space, adjacent to the the Water Campus research park.

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