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Brokerage
Posted: April 14, 2009
PNC ARCS completes $3.89 million loan
PNC ARCS closed a $3.89 million loan for the Trinity Oaks Apartments, a 206-unit multifamily property. Built in 1980, the property is a garden style complex on 10 acres. The loan was for a 10-year term/30-year amortization at a fixed rate of 6.37%. The loan was originated by PNC ARCS' Dallas office through Fannie Mae.
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