The loans are financing the venture's acquisition of 14multifamily properties located in six states. The complexes werebuilt between 1985 and 2000. Kip Kimble, vice president of nationalaccounts at Berkshire Mortgage finance, was the loan originator forboth transactions.

The financing, which comprises two loans, one for $115.85million and one for $104.49 million, both carry a 6.76% fixedinterest rate and were created through Fannie Mae's Capital MarketsGroup.

Boston-based Berkshire is a national mortgage-banking firm withdivisional headquarters in Bethesda, MD and Irvine, CA as well asbranch offices in several major cities. It has a servicingportfolio in excess of $12 billion.

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