Houlihan-Parnes/ iCap Realty Advisors, LLC.Houlihan-Parnes/ iCap Realty Advisors, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control is pleased to announce the placement of a $13,320,000 permanent loan for the refinancing of 29 Thanet Circle, Princeton, NJ, a 53,000 SF office building in the Route US-1Princeton corridor. The loan terms consist of an interest only, fixed rate of 5.76% (96 basis points over the 10 year U.S. Treasury U.S. Treasury Created in 1798, the United States Department of the Treasury is the government (Cabinet) department responsible for issuing all Treasury bonds, notes and bills. Some of the government branches operating under the U.S. Treasury umbrella include the IRS, U.S. ) with a 10 year term. The loan represents 80% of the appraised value. The 29 Thanet Circle building was acquired during February 2004 by GHP GHP Georgia Health Partnership GHP Geisinger Health Plan (Danville, PA) GHP Governor's Honors Program GHP Good Handling Practices (food safety) GHP Grand High Priest Office Realty, headquartered in White Plains, NY. GHP completed a 100% renovation during 2006 and the building is fully leased with Church & Dwight Co. Inc. (Arm & Hammer) leasing 41,220 SF for 16 years and two five year options at FMV FMV - full-motion video . Gus Costaldo, of Houlihan-Parnes/icap Realty Advisors, LLC completed the transaction. |
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