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CHICAGO — Locally based Newcastle Investors has refinanced Reside on Jackson, a 93-unit property in Chicago, with a $24.7 million Fannie Mae loan arranged by Kevin McCarthy of Northmarq. The permanent fixed-rate financing is structured on a five-year term. Located at 1241 and 1245 W. Jackson Blvd., the community was built in 2016 and includes one- and two-bedroom apartments as well as bicycle storage, 24-hour maintenance and concierge services and a rooftop gathering space with grills.