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Newmark Provides $33.5M Agency Loan for Refinancing of Reno Multifamily Property
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Newmark Provides $33.5M Agency Loan for Refinancing of Reno Multifamily Property
RENO, NEV. — Newmark has provided a $33.5 million Fannie Mae loan for the refinancing of Ascent on Steamboat, a 204-unit community in Reno that is owned by Elan Multifamily Investments. Newmark’s Lowell Takahashi and Vince Punzi originated the five-year, fixed rate loan. Located at 3300 Skyline Blvd. in Reno’s Old Southwest neighborhood, Ascent on Steamboat comprises one- and two-bedroom units and a pool, fitness center and clubhouse. The post N…
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