FORT LAUDERDALE, FL-Grandbridge Real Estate Capital has closed a first mortgage loan of $13.6 million obtained by Bella Vista Apartments, a multifamily community having 268 units in Port St. Lucie. The Class A community, which sits on a 54.77-acre land, consists of 17 buildings.
Freddie Mac bought the refinance loan under Markets Execution (CME) loan program. Lance Lehman, the Senior Vice President, and Mitch Sinberg, the Assistant Vice President, initiated the transaction. For the full story, go to Florida Real Estate Journal.
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