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Palisades gets flexible.


Palisades Palisades, cliffs along the west bank of the Hudson River, NE N.J. and SE N.Y., extending from N of Jersey City, N.J., to the vicinity of Piermont, N.Y., with a general altitude of from 350 ft to 550 ft (107–168 m).  Financial, through its Palisades Regional Investment Fund II (PRIF PRIF Peace Research Institute Frankfurt (Germany)  II), has provided a $3.3 million first mortgage to Regent Real Estate, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
.

The loan will be used to pay off an existing building loan and to provide operating capital Noun 1. operating capital - capital available for the operations of a firm (e.g. manufacturing or transportation) as distinct from financial transactions and long-term improvements
capital, working capital - assets available for use in the production of further assets
 for the owner of this 33,600 s/f, fully-leased office/ flex building which is located inside the Washington Beltway at General Washington Drive in Alexandria, Virginia.

Fox and Hounds, Ltd., a firm that designs and manufactures pet accessories, occupies 40% of the building along with other tenants including Anchor Renaissance Institute, a mortgage brokerage training and licensing company and Delta Electronics.

The site is approved for an additional 10,000 s/f of development potential.
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Title Annotation:Palisades Financial; Regent Real Estate, LLC
Publication:Real Estate Weekly
Article Type:Brief article
Geographic Code:1USA
Date:May 17, 2006
Words:117
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