Madison Realty Capital.Madison Realty Capital is pleased to announce the following transactions: * A $17.8 million loan for the construction of a condo development 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 $7 million loan to assist with an upscale residential development in East Hampton East Hampton or its variants is the name of several places in the United States:
* A $1.1 million refinance Refinance 1. When a business or person revises their payment schedule for repaying debt. 2. Replacing an older loan with a new loan offering better terms. Notes: When a business refinances they typically extend the maturity date. and cashout on light industrial space in Brooklyn, N.Y.; * A $2.65 million loan for commercial space in Panama City Panama City, city (1990 pop. 34,378), seat of Bay co., NW Fla., on St. Andrews Bay; inc. 1909. A Gulf Coast resort with amusement parks and excellent fishing, it is also a port of entry. The city's industries produce paper, clothing, and chemicals. , Fla.; * A $1.9 million acquisition loan on a Holiday Inn in Bay City, Mich.; * A $1.2 million loan to refinance and improve a tennis/country club in Augusta, Ga. |
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