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RED Capital Does $245M in Q2 Deals
RED Capital Group, based in Columbus, OH, closed $245.27 million in transactions during the second quarter of 2018. The firm’s 35 transactions during Q2 took place across 14 states: Arizona, Arkansas, California, Colorado, Illinois, Kentucky, Michigan, Mississippi, Nevada, New Jersey, New York, Ohio, Texas and Washington.
The recent transactions include $81.26 million in affordable housing, $73.73 million in market-rate Fannie Mae MBS, and $61.57 million in Small Balance and Small Mortgage loans through Freddie Mac or Fannie Mae.
The transactions were each executed through one of RED’s operating divisions: Red Mortgage Capital LLC, Red Capital Partners LLC, or Red Capital Markets LLC. Deal sizes ranged from $1.4 million to $20.5 million, the latter on Chandler Park Apartments Paducah in Paducah, KY (pictured).
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