Fixed-rate non-recourse loan to take-out construction loan for student housing

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Student Housing Apartments
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Fannie Mae
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Gainesville, Florida
Lyons Corner

Refinancing/Take-out of Recourse Construction Loan

Mench Real Estate Capital arranged the fixed-rate non-recourse loan with Fannie Mae for the take-out refinancing of the construction loan. Proceeds and getting a non-recourse loan were important to the investors.

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