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Finance
Posted: April 23, 2012
BRT Realty Trust provides a $31.5 million loan
BRT Realty Trust provided a $31.5 million loan allowing the borrower to purchase 12 multifamily buildings. The properties were purchased in an off-market transaction. Due to BRT's understanding of the importance of moving quickly to take advantage of this opportunity, the firm was able to perform its due dilligence and issue a commitment letter within a week and get the loan closed within three weeks.
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Finance
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