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Toby Cobb

MIAMI—Locally-based 3650 REIT originated multiple loans in the past 45 days, totaling approximately $315 million. The two largest loans include: a $90 million loan to Nelson Partners Student Housing for the acquisition of Sol Y Luna, a recently constructed, two-building class A-plus student housing complex located at 1031 North Park Avenue and 1020 North Tyndall Avenue in Tucson, Arizona, directly next to the University of Arizona campus; and $37 million to Prime Group to refinance Portofino Cove, a class A, 270-unit multifamily property located at 4135 Umbria Drive in Fort Myers, Fla. Both loans carry terms of 120 months.

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