Freddie Mac announced last week that it closed a $160 million Multifamily Gold PC swap with Column Financial, Inc., a subsidiary of Donaldson, Lufkin & Jenrette, Inc.

According to a spokesman at the government-sponsored enterprise, the $160 million security is backed by 17 multifamily properties owned by Southern Management, one of the largest owner-managers of apartment properties in the U.S.

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