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M3 Acquires Hallmark Apartments!

By March 11, 2015November 22nd, 2021No Comments

Hallmark Apartments, an 89 unit apartment community located in San Antonio and renamed the Colony Uptown Apartments, was acquired by M3 Multifamily Fund #2. The property will undergo an $800k renovation that includes window replacement, major driveway upgrade and landscape enhancement and was financed with a ten year Freddie Mac loan at an interest rate of 4.25% with 5 years of interest only payments.

Author Sophia Uretz

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