Eastern Union.Eastern Union announced the following transactions: * A $2,250,000 first lien lien, claim or charge held by one party, on property owned by a second party, as security for payment of some debt, obligation, or duty owed by that second party. mortgage for the acquisition/rehab of a mixed use building in 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 , NY. This transaction was arranged by Levi Farkas and Shaya Ackerman. The loan featured a 15 month term, with interest only payments. * A $3,000,000 first lien mortgage for the refinance Refinance 1. When a business or person revises their payment schedule for repaying debt. 2. Replacing an older loan with a new loan offering better terms. Notes: When a business refinances they typically extend the maturity date. of a 121 unit independent living-senior community in Tinley Park Tinley Park, village (1990 pop. 37,121), Cook and Will counties, NE Ill., a residential suburb of Chicago; inc. 1892. Its population grew significantly in the late 20th cent. , IL. This transaction was arranged by Joy Finestone. The loan featured a rate of 5.61% and a 10 year term, 25 year amortization. |
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