L.J. Melody provided financing for the loans that were subsequently sold to Freddie Mac. The Estancia Apartments, located in the Barton Creek area of Austin, were built in 1998 and are 98% occupied. The Town Center Apartments, located on E. First Ave. in Broomfield, a suburb of Denver, were built in 1999. The 283-unit project is 95% occupied. The L.J. Melody firm, an affiliate of CB Richard Ellis, is based in Houston.
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