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Arbor National Commercial Mortgage, LLC.


Arbor National Commercial Mortgage, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 announced the recent funding of $27.5 million financing for 240 West 57th West 57th can refer to:
  • West 57th Street, a street in New York City
  • West 57th (news magazine), a news magazine program which aired on the CBS Television Network from 1985 to 1989
 Street, a 89,000 square-foot property located in Midtown Manhattan.

The property was originally constructed in 1909 as a residential building and was converted and renovated into boutique office space with a grade-level restaurant in 1998. The 14-story building consists of approximately 74,000 square feet of office/residential space and 15,000 square feet of restaurant space. The building is best known for its grade-level tenant, Planet Hollywood, a major international theme restaurant.

The loan was originated by Arbor's Structured Finance Group, located at the firm's corporate headquarters in Uniondale, NY. 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.
 Fred Weber, senior vice president and director of Arbor's Structured Finance Group, "Arbor's Structured Finance team again responded to its customer's needs by executing this transaction quickly - enabling its customers to enter the New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 real estate market by providing fast, reliable and flexible financing."

Arbor National Commercial Mortgage, LLC provides debt and equity financing Equity Financing

The act of raising money for company activities by selling common or preferred stock to individual or institutional investors. In return for the money paid, shareholders receive ownership interests in the corporation.
 for the acquisition, refinance, new construction and sub-rehab of multi-family, health-care and commercial properties.
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Article Details
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Title Annotation:finances real property in Manhattan, New York City
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Feb 23, 2000
Words:181
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