Alpine Commercial.Alpine Commercial announced the following transactions: * A $20.5M first mortgage and mezzanine financing Mezzanine Financing A hybrid of debt and equity financing. Mezzanine financing is typically used to finance the expansion of existing companies, and it is basically debt capital that gives the lender the rights to convert to an ownership or equity interest in the company if the was secured for a 400,000 s/f industrial warehouse in Brooklyn, NY. * A $5.35M refinance of a multi-tenant strip center in Houston, TX. The loan featured a 10 year fixed term, with a 5 year I/O (Input/Output) The transfer of data between the CPU and a peripheral device. Every transfer is an output from one device and an input to another. See PC input/output. I/O - Input/Output component and a rate of 5.86%. * A $1.5M cash-out refinance of an owner occupied "Owner occupied" may also refer to a housing cooperative Owner occupied is a classification of UK housing tenure as described by the Department for Communities and Local Government, a UK government department that has amongst its remit the monitoring of the UK housing stock. supermarket and restaurant in Turlock, CA. |
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