Northeast Community Bank.Northeast Community Bank announced the following transactions: * A purchase money mortgage secured by a blanket mortgage Blanket Mortgage A mortgage that covers at least two pieces of real estate as collateral for the same mortgage. on 5 multifamily buildings located in Troy, NY in the amount of $650,000. * The 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 an apartment building located in Chicopee Chicopee (chĭk`əpē), city (1990 pop. 56,632), Hampden co., SW Mass., at the confluence of the Chicopee and the Connecticut rivers; settled c.1641, set off from Springfield 1848, inc. as a city 1890. , MA in the amount of $405,000. * The refinance of an apartment building located in Cambridge, MA in the amount of $1,180,000. * The refinance of an apartment building located 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. , NY in the amount of $450,000. * The refinance of a mixed use building located in Sheiton, CT in the amount of $1,200,000. |
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