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Press Release

ING Closes First of its Kind Green Incentive Loan for Energy Efficient Property Retrofits

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NEW YORK, June 21, 2021 /PRNewswire/ — ING Capital LLC has closed a $33MM Green Incentive loan – a cutting edge sustainable finance product – with LMC, a wholly owned subsidiary of Lennar Corporation, and a leader in apartment development and management. The loan is secured by The Maddox, a newly built and recently stabilized high-quality multifamily apartment community in Katy, Texas outside of Houston.

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