Pergolis Swartz Associates, Inc.Pergolis Swartz Associates, Inc announce the following transactions: * Richard Pergolis delivered $22,000,000 in land, building and mezzanine financing Mezzanine Financing A hybrid of debt and equity financing. Mezzanine financing is typically used to finance the expansion of existing companies, and it is basically debt capital that gives the lender the rights to convert to an ownership or equity interest in the company if the for two six-story elevator apartment buildings, to be built on Third Avenue in Manhattan. * Permanent financing of $2,400,000 was arranged by David Tobin for a strip center in Edison, New Jersey Edison Township (usually known as Edison) is a township in Middlesex County, New Jersey, United States. As of the United States 2000 Census, the township had a total population of 97,687, making it at the time the fifth largest municipality in New Jersey. As of the U.S. . * A ten year, fixed rate loan in the amount of $2,650,000 was obtained by Len Solinsky for a thirteen unit multi-family property in the Bronx. * Interim financing in the amount of $1,260,000 was negotiated by Richard Pergolis for a to be built six-story, 27 unit mixed use apartment house * Permanent financing in the amount of $6,500,000 was arranged by Barry Swartz for two six-story walk-up apartment buildings on West 109th Street in NYC NYC abbr. New York City NYC New York City . * A three year fixed rate mortgage in the amount of $4,800,000 was obtained by Len Solinsky for a multi-family property on West 143rd Street 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. . * Barry Swartz arranged $1,600,000 in permanent financing for a three family townhouse town·house or town house n. 1. A residence in a city. 2. A row house, especially a fashionable one. in Brooklyn. * Construction financing in the amount of $2,700,000 was negotiated by Len Solinsky for a to-be-built six-unit condominium building on Chambers Street in Manhattan. * Permanent financing in the amount of $10,000,000 was arranged by Barry Swartz for a six-story elevator apartment building on East 25th Street in Manhattan. * A five year fixed rate loan in the amount of $1,750,000 was obtained by Len Solinsky for a 42 unit multi-family condominium conversion in Fort Pierce, Florida Fort Pierce is a city in St. Lucie County, Florida, USA. It is also known as the Sunrise City, sister to San Francisco, California, the Sunset City. The population was 37,516 at the 2000 census. As of 2004, the population recorded by the U.S. Census Bureau is 37,959. . * Barry Swartz negotiated $8,000,000 in permanent financing for a six-story elevator apartment house on West 12th Street in NYC. |
|
||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion