$6.5m mortgage on Princeton property.Jack Houlihan and Andrew Greenspan of Houlihan-Parnes/iCap Realty Advisors, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control have arranged a $6,500,000 first mortgage per the arrangement of acquisition financing for a 65,980 [TEXT UNREADABLE IN ORIGINAL SOURCE] steel frame and concrete flex building built in 1987 at 104 Windsor Center Drive in Princeton, New Jersey
Princeton, New Jersey is located in Mercer County, New Jersey, United States. Princeton University has been sited in the town since 1756. . This first mortgage was arranged at 5.97% fixed for 10 years (1.62% spread over the 10 year TCM (1) (Trellis-Coded Modulation/Viterbi Decoding) A technique that adds forward error correction to a modulation scheme by adding an additional bit to each baud. TCM is used with QAM modulation, for example. ) and payments will be based upon a 30 year amortization schedule. No fee was charged by the Lender for this non-recourse, assumable first mortgage and the subject property was purchased by GHP Windsor, LLC. The purchaser was represented by Michael Mann, Esq. and Donald Readlinger, Esq. of Pepper Hamilton, LLC and title was insured by Chicago Title. The loan was placed with a Wall Street investment bank with whom Houlihan-Parnes/iCap Realty Advisors, LLC has a correspondency cor·re·spon·den·cy n. pl. cor·re·spon·den·cies Correspondence. agreement. |
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