AFC Realty Capital.AFC (1) (Application Foundation Classes) A class library from Microsoft that provides an application framework and graphics, graphical user interface (GUI) and multimedia routines for Java programmers. Realty Capital has arranged $3.65 million in permanent financing Permanent financing Long-term financing using either debt or equity. permanent financing The long-term financing that supports a long-term asset. for a 120-unit garden apartment complex in Greensboro, N.C. The refinancing Refinancing An extension and/or increase in amount of existing debt. loan will be used by Chappaqua Capital, owner and manager of the property, to pay off its existing debt and generate additional funds for capital improvements, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Arthur Fefferman, president of the Manhattan-based real estate investment banking and mortgage brokerage firm. The loan was for a 10-year term, with a 25-year amortization. It was organized and placed with a Wall Street Mortgage conduit by Michael Sonnabend, a Managing Director for AFC. |
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