Harold D. Baker & Co.Harold D. Baker & Co. has arranged first mortgage financing in the amount of $2,800,000 for two properties in the 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 region. A first mortgage in the amount of $1,300,000 was placed for the Wantagh 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 in Wantagh, Long Island. The property is located on a one-acre site at the northeast corner of Sunrise Highway (Route 27) and Wantagh Avenue. The property is a 20,550 SF, one-story, neighborhood shopping center, whose tenants include Radio Shack, Sleepy's, and ten other retail tenants. The loan was placed for a 10-year term, with a 25- year amortization with a major thrift institution Thrift institution An organization formed as a depository for primarily consumer savings. Savings and loan associations and savings banks are thrift institutions. . The property is managed by the Malachite malachite (măl`əkīt), a mineral, the green basic carbonate of copper occurring in crystals of the monoclinic system or (more usually) in masses. It is translucent or opaque; the luster is silky, vitreous, adamantine, or dull. Group, Ltd. A first mortgage in the amount of $1,500,000 was placed for a six-story plus basement walk-up apartment building in Manhattan. The 18-unit building is located at E. 95th St., on the Upper East Side. The loan was placed for a 12-year term, with a 25-year amortization with a major thrift institution. |
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