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Procida and Jamestown collect $100M loan.


Louis V Louis V, king of France
Louis V (Louis the Sluggard), c.967–987, last French king of the Carolingian dynasty; son of King Lothair. His father had him crowned in 979, but he did not become king until Lothair's death in 986.
. Greco Jr. and Mario Mario (mär`yō), 1810–83, stage name of Giovanni Matteo, Cavaliere di Candia, Italian tenor. An officer of the Piedmontese guard, he went to Paris in 1836 and studied at the Paris Conservatory, making his debut (1838) at the Paris Opera  Procida, principals of real estate development firm, SDS 1. (company) SDS - Scientific Data Systems.
2. (tool) SDS - Schema Definition Set.
 Procida and Jamestown Properties Corp. announced the closing of $100 million in construction financing with Wachovia Bank to develop be@schermerhorn, a residential condominium condominium

In modern property law, individual ownership of one dwelling unit within a multidwelling building. Unit owners have undivided ownership interest in the land and those portions of the building shared in common.
 community in downtown Brooklyn Coordinates:

Downtown Brooklyn is the third largest central business district in New York City (following Midtown Manhattan and Lower Manhattan), and is located in the
.

be@schermerhorn will feature 246 residences in a newly constructed 25-story residential tower and 6-story loft building, arranged in a mews-style configuration, be@schermerhorn will have an attended below ground parking facility and bike storage area. 15,000 s/f of ground floor commercial space will be available for leasing. Construction completion is slated for fall 2008.

be@schermerhorn is a development in SDS Procida's be@properties line of residential condominiums targeting young, urban professionals interested in a social atmosphere and creative design at an affordable price. Previous be@properties include the highly successful and fast-selling be@boulevardeast and be@clintonwest condominiums located in Brooklyn and Manhattan, respectively, be@william, the newest be@ property, located in Manhattan's Financial District, opened its sales office April 25, 2007. be@schermerhorn, located in the heated development area of downtown Brooklyn, is scheduled to open Fall 2008.
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Title Annotation:FINANCE
Publication:Real Estate Weekly
Date:May 16, 2007
Words:185
Previous Article:SBO arranges $305M financing for Moinian project.(FINANCE)
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