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BIRMINGHAM, AL-Locally based Collateral Mortgage Capital LLC, one of Freddie Mac’s top national lenders, has closed a record $95 million November performance with production of $24.6 million on seven Freddie Mac transactions, five in the Birmingham, AL area.

The privately owned mortgage banking firm projects a comparable December performance, largely on the strength of a vibrant multifamily investment market in the Southeast.

“We hope to emulate the business in December and in 2003,” Collateral Senior vice president and chief underwriter Jeffrey M. Patton says in a prepared statement.

In the Birmingham deals, Collateral funded Homewood Gardens for $2.7 million; Forest Ridge I and II Apartments, $3.78 million; Ascot Place Apartments, $3.6 million; Meadow Wood Apartments, Pelham, AL, $1.58 million; and Woodbrook Apartments, $4 million.

The company also funded Aegis of Kirkland, a 50-unit, garden-style assisted living facility in Kirkland, WA for $6.5 million; and the Morningside Apartments in Jacksonville, FL for $2.4 million.

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