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Corus closes $103,000 deal on Pei-designed Centurian.


Corus Bankshares Corus Bankshares, Inc. operates as the holding company for Corus Bank, N.A. that offers consumer and corporate banking products and services. The bank's deposit products include checking, savings, money market, and time deposit accounts. , Inc. announced that its banking subsidiary, Corus Bank, closed a $103,900,000 loan on July 2, 2007, to MCP (1) See Microsoft certification.

(2) (MultiChip Package) A chip package that contains two or more chips. It is essentially a multichip module (MCM) that uses a laminated, printed-circuit-board-like substrate (MCM-L) rather than ceramic (MCM-C).
 SO Strategic 56, L.E, a joint venture between Stillman Development International (SDI (1) (Serial Digital Interface) A physical interface widely used for transmitting digital video in various formats. For electrical transmission, it uses a high grade of coaxial cable and a single BNC connector with Teflon insulation. ) and Antonio Development, to finance The Centurion, a new high-rise residential condominium building on 56th Street just west of Fifth Avenue 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.
.

The 17-story building, designed by Pei Partnership Architects with world-renowned architect I.M. Pei, will offer 48 condominium units totaling approximately 72,000 net saleable square feet. It will be fully clad in French limestone and will feature some of the highest levels of finishes, amenities, and resident services ever offered in Manhattan.

This loan represents the Bank's third deal with Roy Stillman. "We are thrilled to be working with Roy again on this landmark project in one of Manhattan's most exclusive areas," said Keith Gibbons Famous people named Gibbons include:
  • Beth Gibbons (born 1965), British singer
  • Billy Gibbons, guitarist for ZZ Top
  • Cedric Gibbons (1893–1960), American art director
  • Christopher Gibbons (1615 - 1676), English composer, son of Orlando
, Corus Bank first vice president. "We believe The Centurion will quickly become a New York City landmark."

"SDI's relationship with Corus Bank, now in its sixth year and our third project together, continues to be rewarding on both a professional and personal basis," said SDI president Roy Stillman. "Keith Gibbons and Bob Glickman have consistently demonstrated their exceptional insights into the special issues of the residential development business."
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Comment:Corus closes $103,000 deal on Pei-designed Centurian.
Publication:Real Estate Weekly
Date:Jul 18, 2007
Words:214
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