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L.J. Melody does quickie $3.5m deal.


L.J. Melody & Company, the real estate banking arm of CB Richard Ellis CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2. , arranged fixed acquisition financing in the amount of $3.5 million for 1326 Second Ave. in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
. The deal was closed in three weeks' time.

Located at the northwest corner of 70th Street and Second Avenue, this five-story walkup walk·up also walk-up  
n.
1. An apartment house or office building with no elevator.

2. An apartment or office in a building with no elevator.
 offers 16 rentable apartment units and ground floor retail space for a total of 8,750 s/ f. The Beach Cafe Restaurant occupies the ground floor retail space.

Morgan Stanley Mortgage Capital, Inc. provided the funding on behalf of Anton Duke. Keith Braddish, a senior director in L.J. Melody & Company's 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
 office, secured funding for this transaction.
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Title Annotation:Finance
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Dec 29, 2004
Words:113
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