Real Estate Finance.Meridian Capital Group LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control announced the following transactions: * Meridian arranged a new mortgage of $7.936 million on (2) 7 story apt. buildings totalling 176 units, on Cooper Landing Road in Cherry Hill Cherry Hill, township (1990 pop. 69,319), Camden co., W central N.J.; name was changed from Delaware township to Cherry Hill in 1961. Largely residential, Cherry Hill has been marked by great development and housing growth, especially since the 1970s. NJ. The loan featured a 10-year term. Scott Assouline negotiated the transaction. * Meridian arranged financing of $5.55 million on a 272 unit, 16 story coop COOP See Banks for Cooperatives (COOP). building on 215th Street in Bayside bay·side adj. Situated very close to or on the shore of a bay: bayside cottages. , NY. The loan featured a rate of 4.9% and a 10 year term. David Ganz & Jeffrey J. Weinberg negotiated the transaction. * A new mortgage was placed by Meridian for $5.5 million on a 60,000-SF commercial building on Seventh Avenue 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. . The property will benefit from a rate of 5.75% with a 7 year term. Jeffrey J. Weinberg & David Ostrov handled this transaction. * Meridian placed a new mortgage of $2.32 million on a 41 unit, 2 story apt. building on Maple Avenue in Rockville Centre Rockville Centre, residential village (1990 pop. 24,727), Nassau co., SE N.Y., on SW Long Island; inc. 1893. Molloy College is there. A state park is adjacent to the village. , NY. The loan featured a rate of 4.75% and a 10 year term. Cary E. Pollack negotiated the transaction. * A new mortgage of $1.8 million was arranged by Meridian on a 48 unit, 6 story apt. building on Quentin Road in Brooklyn, NY. The loan featured a rate of 4.96% and a 7 year term. Avi Weinstock and Josh Rhine negotiated the transaction. * A new mortgage of $1.675 million was placed by Meridian on a 17 unit, 5 story apt. building on York Avenue York Avenue is a short north-south thoroughfare on the East Side of the borough of Manhattan in New York City. It runs from 59th Street north to 91st Street on the Upper East Side. It is known for its upscale apartments, much like the rest of the Upper East Side. in New York City, The loan featured fixed rate financing of 3.94%, Jeffrey J. Weinberg negotiated the transaction. * A new mortgage of $800,000 plus a $200,000 line of credit was placed by Meridian on a 40 unit, 5 story co-op building on West 44th Street in New York City. The loan featured a rate of 4.330% and a 10 year term. Daniel Hanono negotiated the transaction. M. Robert Goldman & Company, Inc. arranged a $30.8 million loan for a 218,595 SF 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 Patchogue, N.Y. The loan featured a 20-year rate and a 25-year amortization schedule. Jonathan Goldman, executive vice president, arranged the financing for this transaction. GMAC GMAC General Motors Acceptance Corporation GMAC Graduate Management Admission Council GMAC Give Me A Call GMAC Genetic Manipulation Advisory Committee GMAC Genetic Modification Advisory Committee (Singapore) GMAC Give Me A Chance Commercial Mortgage Corporation arranged a $3 million permanent loan for a three-story, 43,500 SF office building on Old Country Road in Garden City, N.Y. David Fishier, vice president, arranged the financing for this transaction. Mercury Capital Corporation arranged a $2.5 million first mortgage for a partially completed condo project in Brooklyn, N.Y. The loan featured a one-year term. Houlihan Parnes/iCap Realty Advisors arranged a $10 million first mortgage for an 111,000 SF office building on Route 46 in Mountain Lakes, N.J. The loan featured a 5.5% rate, a 10-year term, and a 30-year amortization schedule. Jack Houlihan arranged the financing for this transaction. GCP GCP Good Clinical Practice GCP Ground Control Point GCP Global Carbon Project GCP Gateway Control Protocol GCP Global Consciousness Project GCP Granulocyte Chemotactic Protein GCP Grand Central Parkway (New York) Capital Group LLC announced the following transactions: * A $21 million loan for a package of 2 apartment buildings in New York City; * A $4.34 million loan for a six-story apartment building on Vermilyea Ave. in New York City. * A $2.6 million loan for two six-story apartment buildings or St. Nicholas Ave. in New York City; * A $4 million loan for three five-story apartment buildings on W. 175th St. in New York City; * A $2 million loan for two six-story, mixed-use buildings on Eagle St. in Brooklyn, N.Y. Matthew Classi Adam Brostovski, Paul Greenbuam, Mathhew Albano, and Alan Perlmutter arranged the financing for these transactions. |
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