Printer Friendly
The Free Library
19,607,059 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

BRT closes $12m deal.


BRT BRT Bus Rapid Transit
BRT Business Roundtable
BRT Brightness
BRT Be Right There (chat)
BRT Bruttoregistertonnen (German: Gross Register Tons)
BRT Biratnagar (Nepal) 
 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.
 Trust, a national portfolio lender specializing in providing short-term Short-term

Any investments with a maturity of one year or less.


short-term

1. Of or relating to a gain or loss on the value of an asset that has been held less than a specified period of time.
 loans with fast response, recently closed a first mortgage loan on two office buildings totaling $12,000,000 located in a 200 acre mixed-use commercial park thirty minutes from Baltimore in Silver Spring, Maryland Not to be confused with Silver Springs.
Silver Spring is an urbanized, unincorporated area in Montgomery County, Maryland, USA. After Baltimore and Columbia, Silver Spring is the third most populous Census Designated Place in Maryland.
.

The two Class "A" office buildings totaling 142,796 square feet were purchased as part of a 1031 exchange that the borrower needed to complete quickly. The ten day close also satisfied the short term contract that had a time of essence closing by quarter end. The borrower is a first time borrower of BRT Realty Trust.
COPYRIGHT 2008 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2008 Gale, Cengage Learning. All rights reserved.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:FINANCE; BRT Realty Trust
Publication:Real Estate Weekly
Article Type:Brief article
Date:May 21, 2008
Words:102
Previous Article:David Turley, of David Cronheim Mortgage Corporation, has arranged financing of $8,000,000 for Village at Countryside in Clearwater, Fla.
Next Article:Cronheim stores up cash.
Topics:



Related Articles
Owners, investors turning to 'unconventional lenders'. (Insiders Outlook).
BRT CEO: plenty of debt and equity capital in NYC.
Firm's fast work on $55m loans.
BRT closes deal.
High growth in short-term bridge loan business.
BRT lends help to the nation.
Apartment mortgage.
BRT Realty Trust.
CIT and BRT Realty Trust enter into strategic relationship.
Short-term loans are savvy strategy in current market.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles