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Madison Realty Capital.


Madison Realty Capital announced the following transactions:

* A $17.8 million acquisition and construction loan for the development of 74 luxury town homes in New Bern New Bern, city (1990 pop. 17,363), seat of Craven co., E N.C., a port and trading center at the junction of the Neuse and Trent rivers; inc. 1723. There is lumbering and food processing, and textiles and clothing, pharmaceuticals, asphalt, metal and plastic products, , N.C.;

* A line of credit of $1.5 million secured by two office buildings on 36th St. 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.
;

* Refinancing in the amount of $1.3 million secured by a first lien on an Auto Repair shop in Great Neck, N.Y.;

* A $1.2 million loan secured by partially developed lots in Cape Coral Cape Coral, city (1990 pop. 74,991), Lee co., SW coastal Fla., located on an estuary of the Caloosahatchee River; inc. 1970. It is mostly a residential city that has grown rapidly along with the southern Florida area. , Fla.;

* A $3 million loan to refinance over 100,000 s/f of office space located in Del Rio, Texas Del Rio is the county seat of Val Verde CountyGR6,United States. The population was 33,867 at the 2000 census.

Del Rio is known as the American address of legendary Mexican radio stations XERA in the 1930s and XERF transmitter powered each of
.
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Title Annotation:FINANCE
Publication:Real Estate Weekly
Date:Jan 25, 2006
Words:104
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