BRT closes double 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 Trust recently closed a $14,400,000 mortgage loan, an equity recapture on a property in Manhattan in order to purchase another in Southampton, 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. Jeffrey Gould, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of BRT, in an all cash transaction, the borrower had purchased a vacant, five-story Manhattan townhouse town·house or town house n. 1. A residence in a city. 2. A row house, especially a fashionable one. on East 67th Street in Manhattan with plans to renovate and sell the property. BRT's loan provided a portion of the townhouse's equity to facilitate the borrower's purchase of a 5,000 s/f, waterfront, luxury property in Southampton, NY for $14,800,000. Both loans are first mortgages with one year terms. BRT closed the transaction in less than a week. |
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