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Virtua Credit has placed funding for an opportunity zone project in Tempe on behalf of its affiliate Virtua Partners. The firm has secured a $15 million non-recourse construction loan for Virtua Partners’ 90-unit entry-level apartment complex in Tempe through a third party.

Located at East Broadway Road and South Country Club, the apartment project will include one-, two- and three-bedroom floor plans. It is scheduled to open in September 2020.

Kelsi Maree Borland

Kelsi Borland is a freelance writer and editor living whose work has appeared in such publications as Travel + Leisure, Angeleno and Riviera Orange County.

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