DENVER-L.J. Melody & Co. has made a $22.5-million loan to Austin-based CWS Apartment Homes, which is paying slightly more than $33.1 million for the Jefferson at TownCentre apartment complex in Broomfield, CO.

The nonrecourse, 8% loan has a 10-year term and 30-year amortization schedule. L.J. Melody immediately turned around and sold the loan to Fannie Mae.

CWS Apartment Homes is an entity of Newport Beach, CA-based CWS Capital Partners LLC. It owns 21 luxury multifamily complexes in California, Texas, Colorado, abnd North Carolina.

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