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IBC Realty Refinances Preston Belt Line Office Park

Dallas, TX (June 2011) The loan on the property was refinanced with a long term fixed rate loan on June 16, 2011 with Citigroup.

The 10 year loan bears an interest rate of 5.54% per annum, fully amortized over 30 years. The loan with Wells Fargo, which was due to mature in November 2011, was paid off in full.

 

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