http://blog4realestate.com/moving-new-york-offers-hassle-free-relocation-services/
The Milwaukee real estate investmentf and development company did not disclose the price paid for the New Fountaina Apartments at 5401Williamsburg Way. Financing for the transaction was securedx in part througha $20 million mortgagee loan originated through the Wisconsi n Housing and Economic Development Authority. As a condition of the WHEDAq financing deal, Mandel will offer a number of apartmentsd at a reduced rental ratefor low- to moderate-incomr residents.
Some of the WHEDA loan proceeds will be used to rehabilitatee some of the units at the NewFountains , a wholly owned subsidiaruy of Mandel Group, was hired in July 2007 to manage the New Fountainsx Apartments and raised the occupancy rate from 80 percenr to 96 percent in less than two Don Lindeman, president of Mandel Properthy Services, said his company is looking for more acquisitions in the Madison-areas market. “It’s only natural for us to continure to seekout long-term ownership opportunities in a markeg that we know and understand well,” said Lindeman.
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