| RECENT TRANSACTIONS: |
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• Holiday Inn Express: Tampa, Florida has obtained a $6,800,000 Commercial Mortgage |
| • Hazard Hotel: Hazard, Kentucky has obtained a $1,960,000 Commercial Mortgage |
| • Ramada Limited: Dayton, Ohio has obtained a $2,560,000 Commercial Mortgage |
| • Imperial Packaging: Dayton, Ohio has obtained a $1,600,000 Commercial Mortgage |
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