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Wednesday, 13 March 2019

Fairfield Lines Up Acquisition Financing for Long Island Apartment Buy

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Commercial Observer

Fairfield Properties has secured $275 million of Freddie Mac financing to help fund its acquisition of seven apartment properties with 1,496 units on Long Island, N.Y. As reported, the Melville, N.Y., company bought the portfolio from Lone Star Funds, a...

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“The Weekly”

“The Weekly” is Commercial Real Estate Direct’s PDF newsletter, sent to subscribers every Friday morning. With over 100 news stories published on Commercial Real Estate Direct each week, “The Weekly” features the top stories in commercial real estate that industry participants need to know first. “The Weekly” also contains:

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Additional Info

  • Syndicate to Realpoint: No
  • Cities: Long Island
  • States: New York
  • Sector: Multifamily
  • Subject: Mortgages/Financing (MOR), Northeast Regional Digest (NEDIG), Property Acquisitions (ACQ)
  • Valuation: More than $150 million
  • Private: Yes
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Dan Moynihan

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