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Segunda-feira, Dezembro 31st, 2007Mission Residential LLC, the multifamily real estate investment firm based here today announced that it has secured a million Fannie Mae debt financing commitment from Columbus, OH headquartered Red Mortgage Capital, Inc. While the portfolio is not consistent with Edens Avant’s focus on owning higher profile lifestyle and power centers on the east coast, it is consistent with DLC’s focus on acquiring neighborhood and community shopping centers with strong traffic counts and good visibility in well populated markets that already do or have the potential to generate strong repeat consumer traffic. The center is located at the intersection of Babcock Street and Port Malabar Boulevard in Palm Bay, FL. Residential primary servicer rating for HE HELOC product upgraded to acute.
