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SEATTLE & NEWPORT BEACH, Calif.–(BUSINESS WIRE)–IHP Capital Partners, one of the nation’s most prominent providers of equity financing for residential real estate development, and Intracorp, a leading North American homebuilder and developer, today announced their joint venture partnership in the acquisition of a 1.5-acre unimproved site for the development of a new urban infill community. Located between the North Beacon Hill and Mount Baker neighborhoods, the yet-to-be-named community will bring 58 townhouses and four live-work units to the Seattle market, where new home supply is in high demand.

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