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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 arranged financing of $13.35 million on a 98,500 square foot 8-story loft building, with 9 tenants, on W. 32nd 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.
. Avi Weinstock Weinstock (German: grapevine) is the surname of:
  • Arnold Weinstock (1924–2002), English businessman
  • Bob Weinstock (1928–January 14, 2006), founder of Prestige Records
  • Jack Weinstock, writer
 & Moshe Majeski negotiated the transaction.

* A new mortgage was placed by Meridian for $7.3 million on an 8-story 42,000 square foot office building on First Avenue in Manhattan's Upper East Side. The property will benefit from a rate of 6.75%, with a 10 year term. Allan Lieberman handled this transaction.

* Meridian negotiated new mortgages totaling $6.15 million on (2) elevator elevator, in machinery
elevator, in machinery, device for transporting people or goods from one level to another. The term is applied to the enclosed structures as well as the open platforms used to provide vertical transportation in buildings, large ships,
 apt. buildings with 196 units on Duncan Ave AVE Avenue
AVE Average
AVE Alta Velocidad Espanola (train between Madrid and Seville)
AVE Alta Velocidad Española (Spanish: High Speed Train)
AVE Audio Video Entertainment
AVE Advertising Value Equivalent
./Kennedy Blvd. in Jersey City, NJ. The loans featured rates at 5.95% with 10 year terms. Israel Schubert & Elliot Treitel arranged for the financing.

* Meridian placed a new mortgage of $4.8 million on a 96 unit, 6 story multifamily building on 46th Street in Sunnyside, NY. The loan featured a rate of 5.82% and a 10 year term.

* A new mortgage of $3.12 million was placed by Meridian on a 97 unit, 6 story multifamily building on Grand Concourse in the Bronx. The loan featured a rate of 5.25% and a 10 year term.

* A new mortgage of $2.4 million was placed by Meridian on a 39 unit, 6 story mixed-use building on 87th Avenue in Jamaica, NY. The loan featured a rate of 5.82% and a 10 year term.

* Meridian placed a new mortgage of $1.04 million on a 20 unit, 5 story multifamily building on West 10 Street in New York City. The loan featured a rate of 5.375% and a 10 year term.

All the above were negotiated by Avi Weinstock.

* A new mortgage of $1.3 million was placed by Meridian on a 47 unit, 5 story multifamily building on West 204th Street in New York City. The loan featured a rate of 5.81% and a 10 year term. Aaron M. Birnbaum and Carol Shelby negotiated the transaction.

* Acquisition financing of $1.24 million was placed by Meridian Capital on a 38 unit, 5 story multifamily building on Andrews Avenue North in the Bronx. The loan representing 80% LTV LTV

See: Loan-to-value ratio
 featured a rate of 5.81% and a 10 year term. Allan Lieberman negotiated the transaction.

Holliday Fenoglio Fowler, L.P. arranged an $11.7 million interim/bridge loan for a 654,375 SF warehouse building in North Brunswick, N.J. Jon Mikula and Jim Cadranell arranged the financing for this transaction.

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 $3.775 million loan for a six-story apartment building on 47th Ave. in Queens, N.Y.;

* A $2.925 million loan for a six-story apartment building on 49th St. in Queens, N.Y.;

* A $3 million loan for a six-story apartment building on 40th St. in Queens, N.Y.;

* A $3.4 million loan for a six-story apartment building on Britton Ave. in Queens, N.Y.;

* A $1.9 million loan for three contiguous Adjacent or touching. Contrast with fragmentation. See contiguous file.  four-story apartment buildings on Main St. in Yonkers, N.Y.;

* A $3.1 million loan for a 33,660 SF office building in Garden City, N.Y.;

* A $1.073 million loan for a 42,000 SF warehouse building on Charlton St. in New York City;

* And a $4 million loan for five land parcels on 225th St. in the Bronx.

Matthew Classi, Alan Perlmutter, Adam Hakim, and Adam Brostovski arranged the financing for these transactions.

M. Tuck Capital Associates announced the following transactions:

* A $1.875 million acquisition loan for a garden apartment complex in Valley Stream, N.Y. The loan featured a 6.25% rate and a 12-year term. Brian P. Greenfield Greenfield, town (1990 pop. 18,666), seat of Franklin co., NW Mass., at the confluence of the Deerfield and Green rivers, near their junction with the Connecticut; settled 1686, set off from Deerfield and inc. 1753.  arranged the financing for this transaction;

* A $585,000 acquisition loan for a garden apartment complex in West Islip, N.Y. The loan featured a 6.25% rate and a 10-year term. Brian P. Greenfield arranged the financing for this transaction;

* A $785,000 loan for a garden apartment complex in Orange, N.J. The loan featured a 12-year term. Brian P. Greenfield arranged the financing for this transaction;

* A $1.075 million loan for a strip shopping center shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into  on Francis Lewis Boulevard Francis Lewis Boulevard is a boulevard in the New York City borough of Queens. The roadway is named for Francis Lewis, a Queens resident who was a signer of the United States Declaration of Independence.  in Whitestone N.Y. The loan featured a 6.75% rate, a seven-year term, and a 30-year amortization schedule. Michael E. Tuck arranged the financing for this transaction;

* A $1.145 million loan for a strip shopping center in Liberty, N.Y. The loan featured a nine-year term and a 25-year amortization schedule. Michael E. Tuck arranged the financing for this transaction.

AFC (1) (Application Foundation Classes) A class library from Microsoft that provides an application framework and graphics, graphical user interface (GUI) and multimedia routines for Java programmers.  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.
 Capital announced the following transactions:

* A $4 million permanent loan for a garden apartment complex in Troy, N.Y. The loan featured a 10-year term and a 30-year amortization schedule;

* A $3 million construction loan for a mid-rise apartment building in North Bergen North Ber·gen  

A community of northeast New Jersey north of Jersey City and across the Hudson River from Manhattan Island. Population: 59,500.
, N.J. The loan featured a three-year term;

* A $4.35 million loan for a five-building apartment complex in Monticello, N.Y. and an eight-building apartment complex in Middletown, N.Y. The loan featured a 10-year term and a 30-year amortization schedule.

Joseph Fatony, managing director, arranged the financing for these transactions.

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
 announced the following transactions:

* An $8 million loan for a 53,500 SF shopping center on Post Road East in Westport, Conn.;

* A $4.5 million loan for a 55,000 SF shopping center on Broadhollow Road in Melville, N.Y.;

* A $3.8 million loan for a 38,000 SF shopping center on Saw Mill River Road in Chappaqua, N.Y.;

* A $3.25 million loan for a 33,000 SF shopping center on Nesconset Highway in Stony Brook Stony Brook may refer to:

Massachusetts:
  • Stony Brook, a tributary of the Charles River in Boston
  • Stony Brook (MBTA station) on the Orange Line in Jamaica Plain
  • Stony Brook (B&M station), a former Boston and Maine Railroad station in Weston
, N.Y.;

* And a $2.05 million loan for a 20,500 SF shopping center on Walt Whitman Road in Huntington, N.Y.

Diana M. Elton, vice president, and Terry McArdle, assistant vice president, arranged the financing for these transactions.

National Cooperative Bank The National Consumer Cooperative Bank (NCCB) was created and chartered by the National Consumer Cooperative Bank Act (92 Stat. 499, 12 U.S.C.A. 3001), enacted on August 20, 1978. The bank is directed by the act to encourage the development of new and existing cooperatives.  announced the following transactions:

* A $2 million line of credit of a condominium condominium

In modern property law, individual ownership of one dwelling unit within a multidwelling building. Unit owners have undivided ownership interest in the land and those portions of the building shared in common.
 complex on Shore Road in Long Beach, N.Y. Sheldon Gartenstein, senior vice president, arranged the financing for this transaction;

* A $2.1 million first mortgage and a $500,000 line of credit for a co-op building on W. 103rd St. in New York City. Sheldon Gartenstein arranged the financing for this transaction;

* A $985,000 first mortgage and a $200,000 line of credit on W. 105th St. in New York City. Sheldon Gartenstein arranged the financing for this transaction;

* A $400,000 line of credit for a condominium property on E. 24th St. in New York City. Mindy Goldstein Gold·stein , Joseph Leonard Born 1940.

American biochemist. He shared a 1985 Nobel Prize for discoveries related to cholesterol metabolism.
, vice president, arranged the financing for this transaction;

* A $2.8 million first mortgage and a $200,000 line of credit for a co-op building on W. 72nd St. in New York City. Mindy Goldstein arranged the financing for this transaction;

* A $1.5 million line of credit for a co-op building on Lispenard St. in New York City. Mindy Goldstein arranged the financing for this transaction;

* A $500,000 line of credit for a co-op building on Broome St. in New York City. Mindy Goldstein arranged the financing for this transaction;

* A $330,000 first mortgage for a co-op building on W. 28th St. in New York City. Mindy Goldstein arranged the financing for this transaction;

* A $300,000 line of credit for a co-op building on Washington Ave. in Hartsdale, N.Y. Mindy Goldstein arranged the financing for this transaction;

* A $260,000 first mortgage for a co-op building on Clinton Ave. in Brooklyn, N.Y. Mindy Goldstein arranged the financing for this transaction;

* A $200,000 first mortgage for a co-op building on W. 82nd St. in New York City. Mindy Goldstein arranged the financing for this transaction;

* A $190,000 first mortgage for a co-op building on Second Place in Brooklyn, N.Y. Mindy Goldstein arranged the financing for this transaction;

* A $3 million line of credit for a co-op building on Midwood St. in Brooklyn, N.Y. Edward Howe III, managing director, arranged the financing for this transaction;

* A $2.15 million first mortgage and a $1 million line of credit for a co-op building on West End Ave. in New York City. Edward Howe arranged the financing for this transaction;

* A $1.2 million first mortgage for a co-op building on Hampton St. in Elmhurst, N.Y. Edward Howe arranged the financing for this transaction;

* A $775,000 first mortgage for a co-op building on E. 10th St. in New York City. Edward Howe arranged the financing for this transaction;

* And a $400.000 line of credit for a co-op building on E. 13th St. in New York City.

The Canton Canton, cities, United States
Canton.

1 City (1990 pop. 13,922), Fulton co., W central Ill., in the corn belt; inc. 1849. It is a trade and industrial center for a coal and farm area.

2 Town (1990 pop. 18,530), Norfolk co.
 Group arranged a $250 million acquisition loan for a 1.1 million SF. office building on Ave. of the Americas in New York City. Howard L. Michaels, chairman, arranged the financing for this transaction.

Spencer Savings Bank savings bank, financial institution that, until recently, performed only the following functions: receiving savings deposits of individuals, investing them, and providing a modest return to its depositors in the form of interest.  arranged an $8.4 million loan for an apartment complex in North Brunswick, N.J. Terence H. Gunning, assistant vice president, arranged the financing for this transaction.
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Publication:Real Estate Weekly
Geographic Code:1USA
Date:Aug 21, 2002
Words:1517
Previous Article:Westbury funeral home turned into office space. (Design and Development).
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