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Spinnaker capital, part owned by Martyn Reesby, has provided a $2 million first mortgage over an Albany housing development, not mezzanine finance as NBR reported last week.
Mr Reesby said the loan was provided on a very conservative basis.
“We’ve not approved any funding to undertake
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Duncan Bridgeman
Fri, 16 Sep 2011
Fri, 16 Sep 2011
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Reesby clarifies Albany investment
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