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NorthEast Community Bank.


NorthEast Community Bank announced the following transactions:

* The renovation 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.
 of a luxury apartment/mixed-use building in Syracuse Syracuse, city, Italy
Syracuse (sĭr`əkys, –kyz), Ital. Siracusa, city (1991 pop.
, NY for the amount of $880,000.

* A $550,000 purchase money mortgage for a residential property located in Long Island City, NY.

* The refinance of a self-storage self-storĀ·age
adj.
Of, relating to, or being a commercial facility in which customers can rent space to store possessions: a self-storage warehouse. 
 facility in Plymouth Plymouth, city, England
Plymouth, city (1991 pop. 238,583) and district, Devon, SW England, on Plymouth Sound. The three towns that Plymouth has comprised since 1914 are Plymouth, Stonehouse, and Devonport.
, MA for the amount of $1,300,000.

* A purchase money mortgage for a student housing facility/college dorm in Herkimer, NY for the amount of $472,500.

* The refinance of a 31 unit residential building in Brooklyn, NY in the amount of $600,000.
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Article Details
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Title Annotation:FINANCE
Publication:Real Estate Weekly
Date:Feb 7, 2007
Words:94
Previous Article:Meridian.(FINANCE)
Next Article:Paradigm Funding Group LLC.(FINANCE)
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