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Fast tracking moves full steam ahead.


City & Suburban Federal Savings Bank Noun 1. federal savings bank - a federally chartered savings bank
FSB

savings bank - a thrift institution in the northeastern United States; since deregulation in the 1980s they offer services competitive with many commercial banks
 continues its active lending and support in the NY Metro Real Estate market by announcing a total of $29,700,000 of additional multi-family and commercial loan closings for August in the New York Metropolitan area New York–Northern New Jersey–Long Island is the most populous metropolitan area in the United States and the third most populous in the world, after Tokyo and Mexico City. : Brooklyn, The Bronx, & Manhattan 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.
; Westchester & Orange Counties, NY; Nassau County, Long Island, NY; and New Haven County, Connecticut New Haven County is located in the south central part of the U.S. state of Connecticut. As of 2000 the population was 824,008. Two of the state's largest cities, New Haven and Waterbury are part of New Haven County. It is part of the New York Metropolitan Area. .

"Our 'Fast-Track' financing system is moving ahead at full steam," said Joseph J. Laquidara, CMB Noun 1. CMB - (cosmology) the cooled remnant of the hot big bang that fills the entire universe and can be observed today with an average temperature of about 2. , Senior Vice President and Chief Mortgage Officer of C&S. "We're still making the best deals and we've just completed a 'real hot summer' of closings."

Gordon Lister, Vice President Mortgage Servicing said, "With our process we outperform most banks in the NY Metro Real Estate market for commercial and multi-family loans. We see opportunities that others miss. As we keep saying 'Fast-Track' means fast action, wide flexibility and total commitment on our part for loans from $ 500,000 to $ 8 million. Most loans are committed in two weeks and close in under 45 days. And for larger loans, up to $ 12,000,000, we bring in additional banks."

August deals included; $7,500,000 for a Hotel/Retail on the West Side of Manhattan, NYC NYC
abbr.
New York City


NYC New York City
; $4,900,000 for a 17,000 sq. ft. Commercial Building in Chelsea, Manhattan, NYC; $3,500,000 for Garden Apartments with 51 Units in Highland Falls, Orange County, NY; $2,300,000 for a Residential/Retail Building with 14 Apartments in Downtown, Brooklyn, NYC; $2,100,000 for an Indoor Parking Garage with 80 Spaces in Brooklyn Heights, NYC.
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Article Details
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Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Dec 14, 2005
Words:264
Previous Article:REIT negotiates $73M loans.(FINANCE)
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