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Paradigm Funding Group LLC.


Paradigm Funding Group LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 announced the following transactions:

* A $48,000,000 loan secured by 8.75 acres of development land on Jersey City's waterfront.

* A $7,400,000 loan with a ten year facility, priced at 5.67% fixed for ten years, featured five years of interest only, and facilitated the purchase of a mixed use, commercial / office building in the Bensonhurst section of Brooklyn. The loan was structured to carve out to make or get by cutting, or as if by cutting; to cut out.
- Shak.

See also: Carve
 the air rights from the encumbrance A burden, obstruction, or impediment on property that lessens its value or makes it less marketable. An encumbrance (also spelled incumbrance) is any right or interest that exists in someone other than the owner of an estate and that restricts or impairs the transfer of the estate or , thereby allowing the client to take advantage of the residential FAR above and construct condos.

* A $7,250,000 loan secured by a Giant Eagle anchored shopping center shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into  in a Cleveland Ohio suburb, featured a 10 year fixed rate priced at 110 bps over the 10 year T-Note. Pricing was at par.

* A $6,430,000 loan to facilitate the purchase of prime upper west side brownstones, priced at a rate of 5.88% fixed for ten years. Pricing was at par.

* A $5,700,000 preferred equity. This transaction was secured by a multi-family building. The existing debt holder precluded the assignment of partnership interests as collateral.

* A $5,000,000 preferred equity. The existing debt holder precluded the assignment of partnership interests as collateral.

* A $4,200,000 loan, secured by a 6 story elevator apartment building with ground floor retail right in the heart of Greenwich Village, NY. This loan facilitated the restructuring of the corporate owning entity.

* A $3,600,000 loan, secured by a single building NNN NNN Triple Net (method of computing real estate costs among commercial rental properties; lease)
NNN Nippon News Network (Japan)
NNN Newspaper National Network LP
NNN Novy-MacNeal-Nicolle
 leased to WaMu bank. The loan facilitated the purchase of this building and featured a five year term.

* A $3,500,000 loan secured by a vacant warehouse building in the East New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 Section of Brooklyn. This loan facilitated the purchase of the property, which eventually will be converted into a homeless shelter.

* A $1,000,000 loan secured by an owner / occupant auto parts distribution facility in Long Island City, New York.

* A $750,000 loan secured by an 8 unit apartment building in Cobble Hill, Brooklyn This article is about Cobble Hill, Brooklyn, for Cobble Hill, British Columbia see Cobble Hill, British Columbia.
Cobble Hill is a neighborhood in the New York City borough of Brooklyn, USA.
.
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Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Title Annotation:FINANCE
Publication:Real Estate Weekly
Date:Feb 7, 2007
Words:340
Previous Article:NorthEast Community Bank.(FINANCE)
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