CBRE closes mezz deal.Senior vice president Mark Fisher This article is about the British politician. For others, see Mark Fisher (disambiguation). Mark Fisher (born October 29, 1944) is a British politician. , along with associate Michael Diaz, both of CBRE's Capital Markets group in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , teamed up with vice president Bryan Kane and analyst Wesley Wells, out of CBRE's Capital Markets group in Raleigh, to secure a $17.85 million mezzanine loan on behalf of Kane Realty Corp. above an $80 million construction loan to finance the $105 million St. Albans at North Hills development. The 36 month mezzanine loan was priced at a competitive interest rate, accruing with the construction loan. "We know it's a tough financing market, but we felt we had the right product and CBRE CBRE CB Richard Ellis (real-estate firm) CBRE Chemical, Biological, Radiological and Explosive CBRE Component-Based Reliability Estimation CBRE Coldwell Banker Richard Ellis (Boston, MA) was able to find us an exceptional Mezz loan", said John Kane, chairman 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 Kane Realty Corp. St. Albans at North Hills is a six story, 410 unit apartment building with 100,000 s/f of ground floor retail. A 48,200 s/f Harris Teeter Grocery Store anchors the retail space. |
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