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Del Mar Gardens

Atlanta, GA

Funded in late 1995, fixed rate financing was arranged for a 300-unit Del Mar Gardens community that included nursing home and congregate care apartments.  The borrower had existing lender relationships and asked First Fidelity to deliver a loan at better terms from a new capital source.  The transaction became the initial CMBS senior housing transaction for one of First Fidelity's correspondent lenders.

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Del Mar Gardens