Hudson inks $14m loan for LI redevelopment.Hudson Realty Capital LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control has funded a 12-month, $14.5 million first mortgage loan secured by a 23.6-acre parcel, which is improved by a farm with a post-and-beam horse barn and grazing paddocks, on Montauk Highway Montauk Highway is one of the original through highways of Long Island, New York, extending from Jamaica, in the New York City borough of Queens to Montauk Point in Suffolk County, a distance of approximately 100 miles (~160 km). in Amagansett, N.Y. Additional collateral for the loan includes a first mortgage lien on a 1.01-acre parcel on Bluff Road in Amagansett, where a 6,000 s/f, single-family home is under construction. The borrowers plan to convert a portion of the 23.6-acre parcel into several residential lots and two light commercial lots. The historic hamlet of Amagansett is situated in the Town of East Hampton East Hampton or its variants is the name of several places in the United States:
"The unbeatable location of these properties, combined with the local real estate expertise of the sponsors, made this an attractive investment for HRC HRC Human Rights Campaign HRC Human Rights Council (UN) HRC Human Rights Commission HRC Hard Rock Cafe HRC Hillary Rodham Clinton (democratic senator/presidential candidate; former first lady) ," commented Spencer Garfield, who is a managing director of HRC responsible for new business development. |
|
||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion