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RED Finances $72 Million FHA Insured Sub Rehab Loan For Aimco Apartment Community In San Francisco Area

Red Mortgage Capital processes and funds $72,240,000 non-recourse loan for a 308-unit multifamily property located in San Bruno, CA. The financing covers the rehab and permanent financing phases for the property owned by Denver-based REIT (real estate investment trust) Aimco and will help stimulate the economy with local jobs.

(PRWeb January 31, 2012)

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