$10m B-note earns top grade.The New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of office of HFF HFF Hochschule für Fernsehen und Film München (Germany) HFF Heartland Film Festival HFF Hardy Fern Foundation HFF Half Forward Flank (football position) HFF Horizontal Flute Factor (Holliday Hol·li·day , Judith Tuvim Known as "Judy." 1922-1965. American comedian best remembered for her performance in the play (1946-1950) and film (1950) Born Yesterday. Fenoglio Fowler, L.P.) has arranged a $10 million loan increase for 330 Fifth Avenue, a 160,000 s/f office building on the southwest corner of 33rd Street and Fifth Avenue. HFF managing director Evan Pariser
The financing was structured as a second mortgage subordinate to an existing $25 million first mortgage loan that HFF arranged with Nationwide in 2003. "The fixed-rate loan Fixed-rate loan A loan whose rate is fixed for the life of the loan. was competitively priced with a slight premium to conventional first mortgage pricing under a 'B-Note' program Nationwide has rolled out for lower leveraged assets in its mortgage portfolio," said Pariser. "The pricing advantages of the Nationwide B-note program coupled with the easy process Nationwide offers its existing clients made the transaction extremely advantageous to the property owners." |
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