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Dekel Capital, a Los Angeles-based real estate merchant bank that specializes in sourcing and placing equity and debt for active middle market commercial real estate developers and investors, today announced the recent closing of a $10.6 million bridge loan for the acquisition and renovation of a luxury apartment community in Atlanta. The interest-only loan features an 18-month term and will finance renovations at The Villas on Briarcliff, an 82-unit property located in the North Druid Hills neighborhood of Atlanta.