Finance: real estate.Meridian Meridian (mərĭd`ēən), city (1990 pop. 41,036), seat of Lauderdale co., E Miss., near the Ala. line; settled 1831, inc. 1860. Capital Group LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control announced the following transactions: * Meridian Capital Group procured financing of $19.52 million on a 365 unit, 2 story garden complex on Pinehurst Drive in Lakewood, NJ. The loan featured a rate of 3.98% and a 7 year term. * Meridian arranged financing of $4.76 million on a 39 unit, 6 story apt building with 5 commercial spaces on Grand Street in Manhattan. The loan featured a rate of 3.63% and a 10 year term. * A new mortgage of $4 million with a credit I line of $2,235,000 was arranged by Meridian on (1) 4-story & (2) 6-story apt. buildings totaling 54 units, plus 5 commercial spaces on East 21st Street 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 loan featured a rate of 3.63% and a 10 year term. * A new mortgage of $1.2 million with a credit line of $650,000 at 1% above prime was placed by Meridian on (2) 5 story apt. buildings totaling 27 units on Grand Street in Manhattan. The loan featured a rate of 3.7% and a 10 year term. Avi Weinstock negotiated the above transactions. * Meridian arranged a new mortgage of $1.675 million on a 17 unit, 5 story apt. building on York Avenue York Avenue is a short north-south thoroughfare on the East Side of the borough of Manhattan in New York City. It runs from 59th Street north to 91st Street on the Upper East Side. It is known for its upscale apartments, much like the rest of the Upper East Side. in Manhattan. The loan featured fixed rate financing of 3.94%. Cary Pollack pollack: see cod. pollack or pollock Either of two commercially important North Atlantic species of food fish in the cod family (Gadidae). negotiated the transaction. * A new mortgage of $1.2 million was placed by Meridian on a 34 unit, 4 story apt. building on Bathgate Avenue. in the Bronx. The loan featured a rate of 4.13% and a 10 year term. Samuel M. Spinner negotiated the transaction. Pergolis Swartz Associates, Inc. announced the following transactions: * A $4.65 million permanent loan for a six-story apartment building in New York City; * A $3.2 million permanent loan for two six-story apartment buildings on E. 13th in New York City; * A $1 million loan for an office building on Fifth Ave. in New York City. The loan featured a seven-year term; * A $1.6 million construction loan for an office building in the Bronx; * A $1 million permanent loan for an apartment building on Fifth Ave. in New York City; * A $2.5 million interim loan for a residential condo building in Brooklyn, N.Y.; * A $1.75 million permanent loan for a five-story townhouse town·house or town house n. 1. A residence in a city. 2. A row house, especially a fashionable one. in New York City; * A $1.05 million permanent loan for a one-story retail building in Fort Washington Fort Washington, military post during the American Revolution, situated on the highest point of Manhattan island, New York City, overlooking the Hudson River opposite Fort Lee, N.J. , N.Y.; * A $3.185 million permanent loan for a 70,000 SF mixed-use building in Garden City, N.Y.; * A $1 million permanent loan for a six-story elevator building in Jersey City, N.J.; * A $3.5 million permanent loan for four five-story retail buildings on Third Ave. in New York City; * A $3 million permanent loan for two residential buildings on Third Ave. in New York City; * A $3.6 million permanent loan for a nine-story co-op building in New York City; * A $4.5 million permanent loan for a five-story apartment building in New York City. David Cronheim Mortgage Corporation announced the following transactions: * A $10.5 million loan for a 13.38-acre land parcel 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 State. The loan featured a 30-year term; * A $1.45 million permanent loan for a two-building, 12,000 SF office complex in cranbury, N.J.; * A $1.6 million permanent loan and. a $3.4 million loan for an apartment complex in West Hartford West Hartford, town (1990 pop. 60,110), Hartford co., central Conn., a suburb of Hartford; settled c.1679, inc. 1854. Industrial production, which comprises a geographically small part of West Hartford, includes machine tools and parts, aircraft accessories, air , Conn. The loan featured a 10-year term and a 25-year amortization schedule. Houlihan-Parnes/iCap Realty realty n. a short form of "real estate." (See: real estate) REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property. Advisors announced the following transactions: * A $3.5 million first mortgage for two apartment buildings on Walton Ave. in the Bronx; * A $5 million acquisition loan for an apartment complex on E. 187th St. in the Bronx; * A $425,000 loan for an auto repair shop on Central Ave. in White Plains, N.Y.; * A $650,000 loan for a retail building on South Road in Pougbkeepsie, N.Y. The loan featured a 6.375% rate, a five-year term, and a 20-year amortization schedule. Jim Coleman James F. Coleman is a keyboards and sampler player. He was a member of Cop Shoot Cop, and performed under a variety of stage names: Cripple Jim (he toured on crutches due to a broken leg), and usually as Filer. and Jeremiah A. Houlihan arranged the financing for this transaction. Holliday Fenoglio Fowler, L.P. announced the following transactions: * A $5.5 million first mortgage for a garden apartment community in Middletown, N.Y. Jon Mikula and Jim Cadranell arranged the financing for this transaction; * A $5.2 million acquisition loan for a 59,654 SF mixed-use property on Boston Post Road The Boston Post Road was a system of roads from New York City to Boston, Massachusetts, containing some of the first major highways in the United States. It began as a path to deliver the post using post riders (the first ride to lay out the Upper Post Road starting January 22, in Milford, Conn. Tim Breda arranged the financing for this transaction. Column Financial, Inc. announced the following transactions: * A $600,000 loan for a multifamily project on Whalley Ave. in New Haven New Haven, city (1990 pop. 130,474), New Haven co., S Conn., a port of entry where the Quinnipiac and other small rivers enter Long Island Sound; inc. 1784. Firearms and ammunition, clocks and watches, tools, rubber and paper products, and textiles are among the many , Conn. The loan featured a 10-year term and a 30-year amortization schedule; * A $1.92 million loan for a multi-family building on E. 52nd St. in New York City. The loan featured a 10-year term and a 25-year amortization schedule. GCP GCP Good Clinical Practice GCP Ground Control Point GCP Global Carbon Project GCP Gateway Control Protocol GCP Global Consciousness Project GCP Granulocyte Chemotactic Protein GCP Grand Central Parkway (New York) Capital Group LLC announced the following transactions: * A $46 million loan for two 25-story residential towers on W. 87th St. in New York City; * A $5 million loan for four contiguous warehouse buildings on Dean St. in Brooklyn, N.Y.; * A $4.5 million sub-leasehold interest for a to-be-built senior citizen complex in West Babylon, N.Y.; * A $2 million loan for a six-story, mixed-use building on Ave. B in New York City; * A $5 million loan for a six-story apartment building on Elbertson St. in Elmhurst, N.Y. Alan Perlmutter, Paul Greenbaum, Matthew Classi, Adam Hakim, and Matthew Albano arranged the financing for these transactions. |
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