$60M for Park Place.Martin Klebanoff, senior vice president of NorthMarq Capital, Inc., arranged long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. fixed rate first mortgage financing of $60 million for Park Place in Florham Park, N.Y. The complex consists of 351,000 s/f of class A office space in four three-story office buildings. Major tenants include Altana Pharmaceuticals, Lehman Brothers Lehman Brothers Holdings Inc. (NYSE: LEH), founded in 1850, is a diversified, global financial services firm. It is a participant in investment banking, equity and fixed income sales, research and trading, investment management, private equity, and private banking. and Global Crossing. Financing was arranged for the borrower, Advance Realty realty n. a short form of "real estate." (See: real estate) REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property. Group, by NorthMarq through its relationship with Principal Commercial Funding, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . |
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