Reilly's office here closed the following loans: $3.45 million for Highland Hills Apartments, Upland CA, 64 units, under Fannie Mae with 7.45% interest, 10-year term and 30-year amortization; $4.7 million for Portico Terrace Apartments, Seattle WA, 47 units under Fannie Mae's "5-50" program, 7.63% interest, 10-year term and 30-year amortization; $5.7 million for Robert Gardens Apartments, Queensbury, NY, 7.49% under Fannie Mae, 10-year term and 20-year amortization; $11 million for Waters Landing, Germantown, MD, construction interest of 6.27% and permanent interest of 6.9%, 10-year term and 30-year amortization.

Reilly's Philadelphia office originated the following loans: Hatfield Village Apartments, Hatfield, PA, 40 units, $35 million under Fannie Mae, 7.615% interest, 10-year term, 30-year amortization; and Cimarron Apartments, Jacksonville, FL, 143 units, $2.08 million, under Fannie Mae, no interest rate listed, 10-year term and 30-year amortization.

Reilly's Chicago office originated the following loans: Legends of Wildcat Creek Apartments, Kokomo, IN, 200 units, loan amount $9,689,000, under the Freddie Mac early rate lock program, 8.02% interest, 10-year term with 30-year amortization; Timber Ridge Apartments, Oak Creek, WI, 322 units, $12.2 million under Fannie Mae, 7.66% interest; Governours Square Apartments, Columbus, OH, 820 units, $29 million under the Freddie Mac early rate lock program, 7.87% interest, 10-year term with 30-year amortization, closed with United Dominion Realty Trust; and Shagbark Apartments, Kenosha, WI, 328 units, $2.95 million, under Freddie Mac's second loan program, interest rate 7.88%.