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|The Ferndale Realty Group will consider acquiring properties with the following characteristics:
Location & Size
One hundred to five hundred unit apartment communities throughout the United States with a focus on the Midwest.
Prefer properties built prior to 1980, but will consider newer properties under the right circumstances.
Typically all-cash transactions, but will consider assumption of debt if LTV can exceed 75% and appropriate yields can be achieved.
Notification of our preliminary interest in a property is generally within a few days of receipt of the following information.