$50M loan is permanent.GMAC GMAC General Motors Acceptance Corporation GMAC Graduate Management Admission Council GMAC Give Me A Call GMAC Genetic Manipulation Advisory Committee GMAC Genetic Modification Advisory Committee (Singapore) GMAC Give Me A Chance Commercial Mortgage Corporation (GMACCM) has arranged $50,000,000 in permanent, fixed-rate financing for a Riverhead, N.Y., retail property. Riverhead Center, located at 1430-1550 Old Country Road, is a 395,000 s/f property situated on 49.72 acres that is 100 percent occupied. Tenants include Best Buy, Waldbaums Supermarket, Borders Books, Linens & Things, Pier 1 Imports Pier 1 Imports Inc. (NYSE: PIR) is a Fort Worth, Texas-based retailer specializing in imported home furnishings and decor, particularly furniture, table-top items, decorative accessories and seasonal decor. and Michaels. GMACCM Vice Presidents David Fishier and Jere Lucey, both of the New York loan origination office, arranged the transaction through AXA Equitable Life Insurance Company AXA Equitable Life Insurance Company (formerly The Equitable Life Assurance Society of the United States) was founded by Henry Baldwin Hyde in 1859. In 1991 a French insurance company, AXA, acquired a majority of The Equitable Life Assurance Society of the United States. , and BIT Investment Twenty Seven, LLC received the funding. The borrower is an affiliate of the AFL CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. Building Investment Trust, which is a Taft Hartley pension fund. |
|
||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion