L.J. Melody provided financing for the loans that weresubsequently sold to Freddie Mac. The Estancia Apartments, locatedin the Barton Creek area of Austin, were built in 1998 and are 98%occupied. The Town Center Apartments, located on E. First Ave. inBroomfield, a suburb of Denver, were built in 1999. The 283-unitproject is 95% occupied. The L.J. Melody firm, an affiliate of CBRichard Ellis, is based in Houston.

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