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Banco Santander provides $105.98 million to nonprofit real estate developer to finance two phases of residential project

December 2022

Client(s) Banco Santander, S.A.

Jones Day represented Banco Santander, as senior lender and as construction lender, in connection with a $105.98 million loan transaction to a nonprofit real estate developer to finance two phases of a 223 unit residential project, including 132 affordable housing units.

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