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Holliday Fenoglio arranges $6m for mixed-use NY bldg.


The New Jersey office of Holliday Fenoglio Fowler, L.P. arranged a $5.65 million refinancing for Piermont Commons, a mixed-use property in Piermont, N.Y.

The property contains 27,000 s/f of retail and 28 multi-family units.

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
 senior managing director Tom Dido worked on behalf of Piermont Commons, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, to secure the 10-year, fixed-rate securitized securitized

Of, related to, or being debt securities that are secured with assets. For example, mortgage purchase bonds are secured by mortgages that have been purchased with the bond issue's proceeds.
 loan through Bear Stearns Commercial Mortgage, a conduit lender.

Piermont Commons is located near the Hudson River in Piermont, south of Interstate 87.

The property was built in 1992 and is 100% occupied.

"Piermont Commons is located on the Hudson River and has always beena success, both as a residential multi-family building and as a retail property. Piermont is a great little community that attracts people who enjoy boating and living near the water," said Didio.

"We were happy to assist the owner in securing this long-term, fixed-rate loan Fixed-rate loan

A loan whose rate is fixed for the life of the loan.
."
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Title Annotation:New York; Holliday Fenoglio Fowler, L.P.
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Dec 1, 2004
Words:147
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