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SCOTTSDALE, AZ - Full-service multifamily investment, management and development firm MC Companies has secured more than $72.7 million through the refinance of four Class A and B multifamily properties in Arizona and Oklahoma. The capital will be used for investor distributions and to reinvest in the refinanced assets through updates and renovations that “Share the Good Life” with MC Companies residents. Collectively, the refinanced properties represent 954 multifamily units within. ....
Morgan, his son, and two others, are charged with conspiracy to commit wire fraud and bank fraud for their roles in what prosecutors call a wide-ranging mortgage fraud scheme. ....