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Multifamily landlord Advenir has obtained about $23.16 million in refinancing for Advenir at Magnolia, a 272-unit, garden-style community in Fern Park, Fla., an unincorporated northern suburb of Orlando. Berkadia originated the loan, which was issued by Freddie Mac.

The five-year, fixed-rate loan has an extended interest-only period and a 60 percent loan-to-value ratio. Berkadia Miami senior managing director Charles J. Foschini, managing director Christopher Apone, vice president of originations Lourdes Carranza-Alvarez and associate director Shannon Wilson procured the financing.