HFF closes $9m deal.The New York and New Jersey offices of HFF HFF Hochschule für Fernsehen und Film München (Germany) HFF Heartland Film Festival HFF Hardy Fern Foundation HFF Half Forward Flank (football position) HFF Horizontal Flute Factor (Holliday Fenoglio Fowler, L.P.) arranged $9.68 million in permanent financing for 25 Lindsley Drive, a 76,000-square-foot, three-story office building in Morristown, New Jersey Morristown is a town in Morris County, New Jersey, United States. As of the United States 2000 Census, the town population was 18,544. Its estimated population in 2004 was 18,842. It is the county seat of Morris CountyGR6. . Working on behalf of 25 Lindsley Associates, LLC, managing director Robert Delitsky and senior managing director Jon Mikula secured the ten-year, fixed-rate securitized loan through Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. CMBS CMBS See: Commercial Mortgage Backed Securities Capital Markets. The loan has an amortization schedule of 30 years and a loan to value of 80%. 25 Lindsley Drive is 95% occupied by tenants including C3i, which occupies 37,000 s/f. The property is located close to Interstate 287. |
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