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announced today it provided two Freddie Mac Small Balance Loans totaling $4 million to refinance two multifamily properties located in El Paso, Texas. The borrower is a single asset borrowing entity,
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CBL Properties (NYSE:CBL) closed on a $75M, 10-year non-recourse loan bearing the interest rate of 5.103%, secured by The Outlet Shoppes at El Paso in El Paso, TX. The proceeds from the loan were used.
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