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FOCUS to build 324 garden multifamily units for $20.3 million

Jul. 2, 2001 Rachel Smith | NREI

ATLANTA –Focus Villages LLC has received a $17.25 million construction loan from SouthTrust for Villages on the River, a 324-unit garden apartment complex. The total project is expected to cost $20.3 million. Heller Financial Inc. has provided a $3.05 mezzanine loan. Focus Villages LLC is a subsidiary of FOCUS, a real estate investment company.

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