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Real Estate Finance.


Meridian Meridian (mərĭd`ēən), city (1990 pop. 41,036), seat of Lauderdale co., E Miss., near the Ala. line; settled 1831, inc. 1860.  Capital Group announced the following transactions:

* A new mortgage for $10.425 million on a commercial building on West 27 Street. The property will benefit from a rate of 6.75%, with a 7-year term. Saul Saul, first king of the ancient Hebrews. He was a Benjamite and anointed king by Samuel. Saul's territory was probably limited to the hill country of Judah and the region to the north, and his proximity to the Philistines brought him into constant conflict with them.  Filler fill·er 1  
n.
One that fills, as:
a. Something added to augment weight or size or fill space.

b. A composition, especially a semisolid that hardens on drying, used to fill pores, cracks, or holes in wood, plaster,
 & Avi Weinstock Weinstock (German: grapevine) is the surname of:
  • Arnold Weinstock (1924–2002), English businessman
  • Bob Weinstock (1928–January 14, 2006), founder of Prestige Records
  • Jack Weinstock, writer
 handled this transaction.

* A new mortgage was placed for $10.4 million on a commercial building on Park Avenue South. The property will benefit from a rate of 6.625%, with a 7-year term. Filler & Weinstock negtiated this transaction.

* A new mortgage of $6.125 million was placed on a 125-unit, 8-story multifamily building on West 92nd Street. The loan featured a rate of 6.625% and a 7-year term. The transaction was negotiated by Aaron Aaron (âr`ən), in the Bible, the brother of Moses and his spokesman in Egypt, and the first high priest of the Hebrews. He is presented as the instrument of God in performing many signs, such as the turning of his rod into a serpent and  M. Birnbaum, & Samuel M. Spinner.

* A new mortgage of $4.8 million was arranged on a 49-unit, 4-story multifamily building on McKibbin Street in Brooklyn. The loan featured a rate of 6.75% and a 10-year term. Michael Kesselman & Birubaum negotiated the transaction.

* A new mortgage of $3.52 million on a 120 unit, 6-story multifamily building on Washington Avenue Washington Avenue can refer to:
  • Washington Avenue (Minneapolis), a major street in Minneapolis, Minnesota
  • Washington Avenue Loft District in Saint Louis, Missouri
  • Washington Avenue (Washington, D.C.
 in Brooklyn. The loan featured a rate of 6.44% and a 10-year term. The transaction was negotiated by Scott Assouline.

* A new mortgage of $2.4 million was placed on a 9-unit, 5-story multifamily building on East 12th Street. The loan featured a rate of 6.5% and a 10-year term. Assouline & Moshe Majeski negotiated this transaction.

* A new mortgage of $1.7 million on a 65-unit, 6-story walk-up apartment building on Wadsworth Terrace in Inwood. The loan featured a 10-year term. Morris Diamant negotiated the transaction.

* A new mortgage of $1.425 million was placed on a 1-story commercial building on Suffolk Avenue in Brentwood. The loan featured a 10-year term. Charles Grussgott negotiated the transaction.

* A new mortgage of $1.28 million was placed on a 73-unit, 6-story multifamily building on Gerard Avenue in the Bronx. The loan featured a rate of 6.54% and a 10-year term. The transaction was negotiated by Kesselman.

Pergolis Swartz Associates Inc. announced the following transactions:

* A $3.5 million permanent mortgage for a six-story apartment building 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.
;

* A $6.65 million loan for four apartment buildings on the Lower East Side in New York City;

* A $2.25 million permanent mortgage for three apartment buildings in New York City;

* A $5.1 million interim financing Interim financing

A short-term loan made to a company on the condition that a takeout will follow with long-term or intermediate financing.


interim financing

The financing that supports a transaction until permanent financing can be arranged.
 for an elevator elevator, in machinery
elevator, in machinery, device for transporting people or goods from one level to another. The term is applied to the enclosed structures as well as the open platforms used to provide vertical transportation in buildings, large ships,
 apartment building on the Upper East Side in New York City;

* A $1.275 million permanent loan for a five-story apartment building in New York City.

Barry Swartz arranged the financing for this transactions.

Holliday Fenoglio Fowler, L.P. arranged a $19.6 million permanent loan for New Hampshire New Hampshire, one of the New England states of the NE United States. It is bordered by Massachusetts (S), Vermont, with the Connecticut R. forming the boundary (W), the Canadian province of Quebec (NW), and Maine and a short strip of the Atlantic Ocean (E).  Commons, a 12-building apartment complex in Lakewood, N.J. The loan featured a 10-year term. Jon Mikula, senior director, and Jim Cadranell, associate director, arranged the financing for this transaction.

M. Robert Goldman & Company, Inc. arranged an $18 million financing for a 150,000 SF office building in Melville, N.Y. The loan featured a 12-year term. Robert Gladitsch, vice president, arranged the financing for this transaction.

Time Equities, Inc. announced the following transactions:

* A $14 million underlying mortgage for a cooperative apartment complex in Queens, N.Y. The loan featured a 15-year term and a 6.33% rate;

* A $2.45 million first mortgage for two adjoining apartment buildings on Claremont Ave AVE Avenue
AVE Average
AVE Alta Velocidad Espanola (train between Madrid and Seville)
AVE Alta Velocidad Española (Spanish: High Speed Train)
AVE Audio Video Entertainment
AVE Advertising Value Equivalent
. in the Bronx. The loan featured a 6.5% rate;

* A $2.625 million construction loan for a five-story apartment building in Queens, N.Y.;

* A $750,000 first mortgage for a five-story, walk-up apartment building on Perry St. in New York City;

* A $ 1.1 million first mortgage for six retail condominiums on Park Ave. and 96th St. in New York City;

* A $1.3 million first mortgage for a five-story, walk-up apartment building on E. 11th St. in New York City.

David Cronheim Mortgage Corporation arranged a $4.74 million refinancing Refinancing

An extension and/or increase in amount of existing debt.
 for Heritage Place, a 49,115 SF retail center in Flemington, N.J. The loan featured a 10-year term. Andrew Stewart The following people have been named Andrew Stewart:
  • Andrew Stewart (d. 1501), Bishop of Moray
  • Andrew Stewart (d. 1517), Bishop of Caithness
  • Andrew Stewart (d.
 arranged the financing for this transaction.

John H. Bottjer & Co. arranged a $1.25 million for a six-story, elevator building on Union Ave. in New Rochelle New Rochelle (rōshĕl`), city (1990 pop. 67,625), Westchester co., SE N.Y., on Long Island Sound; settled by Huguenots 1688, inc. as a village 1858, as a city 1899. , N.Y. The loan featured a 10-year term and a 6.875% rate.

The National Cooperative Bank The National Consumer Cooperative Bank (NCCB) was created and chartered by the National Consumer Cooperative Bank Act (92 Stat. 499, 12 U.S.C.A. 3001), enacted on August 20, 1978. The bank is directed by the act to encourage the development of new and existing cooperatives.  announced the following transactions:

* A $7.5 million first mortgage for a co-op building in Bayside bay·side  
adj.
Situated very close to or on the shore of a bay: bayside cottages. 
, N.Y. Edward Howe III, managing director, arranged the financing for this transaction;

* A $3 million first mortgage for a co-op building on 80th St. in Jackson Jackson.

1 City (1990 pop. 37,446), seat of Jackson co., S Mich., on the Grand River; inc. 1857. It is an industrial and commercial center in a farm region.
 Heights, N.Y. Edward Howe III arranged the financing for this transaction;

* A $2 million first mortgage for a co-op building on 81st St. in Jackson Heights, N.Y. Edward Howe m arranged the financing for this transaction;

* A $1.65 million first mortgage for a co-op building in Riverdale, N.Y. Edward Howe HI arranged the financing for this transaction;

* A $1.3 million first mortgage for a co-op building in Freeport, N.Y. Edward Howe III arranged the financing for this transaction;

* A $500,000 first mortgage for a co-op building on Ocean Ave. in Brooklyn, N.Y. Edward Howe III arranged the financing for this transaction;

* A $675,000 first mortgage for a co-op building on E. 91st St. in New York City. Mindy Goldstein Gold·stein , Joseph Leonard Born 1940.

American biochemist. He shared a 1985 Nobel Prize for discoveries related to cholesterol metabolism.
, vice president, arranged the financing for this transaction;

* A $577,000 first mortgage and a $100,000 line of credit for a co-op building in Forest Hills, N.Y.; Mindy Goldstein arranged the financing for this transaction;

* A $350,000 second mortgage for a co-op building on Church St. in Pleasantville, N.Y. Mindy Goldstein arranged the financing for this transaction;

* A $300,000 first mortgage for a co-op building in Brooklyn, N.Y. Mindy Goldstein arranged the financing for this transaction;

* A $260,000 first mortgage for a co-op building in New York City. Mindy Goldstein arranged the financing for this transaction;

* A $230,000 first mortgage for a co-op building on Carroll Car·roll , James 1854-1907.

British-born American physician noted for his research on yellow fever. In 1900 he deliberately infected himself with the disease for experimental purposes.
 St. in Brooklyn, N.Y. Mindy Goldstein arranged the financing for this transaction;

* A $230,000 first mortgage for a co-op building on Eighth Ave. in Brooklyn, N.Y. Mindy Goldstein arranged the financing for this transaction;

* A $204,000 first mortgage and a $200,000 line of credit for a co-op building on Eighth Ave. in Brooklyn, N.Y. Mindy Goldstein arranged the financing for this transaction;

* A $200,000 first mortgage for a co-op building on Baltic St. in Brooklyn, N.Y. Mindy Goldstein arranged the financing for this transaction;

* A $145,000 first mortgage for a co-op building in Jackson Heights, N.Y. Mindy Goldstein arranged the financing for this transaction;

* A $130,000 first mortgage for a co-op building on State St. in Brooklyn, N.Y. Mindy Goldstein arranged the financing for this transaction;

* A $100,000 line of credit for a co-op building on Central Park West in New York City. Mindy Goldstein arranged the financing for this transaction;

* A $5 million first mortgage and a $1 million line of credit for a co-op building on E. 84th St. in New York City; Sheldon Gartenstein. senior vice president, arranged the financing for this transaction;

* A $4 million first mortgage and a $1 million line of credit for a co-op building on Broadway in New York City. Sheldon Gartenstein arranged the financing for this transaction;

* A $2.6 million first mortgage and a $350,000 second mortgage for a co-op building on West End Ave. in New York City. Sheldon Gartenstein arranged the financing for this transaction;

* A $2 million second mortgage for a co-op building at 35 Sutton Place Sutton Place may refer to places in England and the United States: Places in England
  • Sutton Place, Surrey, (1529)
  • Sutton Place, Hackney Georgian terrace
Places in the United States
 in New York City. Sheldon Gartenstein arranged the financing for this transaction;

* A $2 million line of credit for a co-op building in Fort Lee, N.J. Sheldon Gartenstein arranged the financing for this transaction;

* A $1.65 million first mortgage and a $200,000 line of credit for a co-op building on Burns St. in Forest Hills, N.Y. Sheldon Gartenstein arranged the financing for this transaction;

* A $1 million line of credit for a co-op building in Forest Hills, N.Y. Sheldon Gartenstein arranged the financing for this transaction;

* A $1 million line of credit for a co-op building on w. 9th St. in New York City. Sheldon Gartenstein arranged the financing for this transaction;

* A $8.8 million first mortgage and a $1 million line of credit for a co-op building in Kew Gardens Kew Gardens (ky), Kew, Surrey, S England, on the Thames just W of London; Royal Botanic Gardens is the official name. , N.Y. Paulette Bonanno, senior vice president, arranged the financing for this transaction;

* A $3 million first mortgage and a $500,000 line of credit for a co-op building in Forest Hills, N.Y. Paulette Bonanno arranged the financing for this transaction;

* A $1.7 million first mortgage and a $500,000 line of credit for a co-op building on W. 103rd St. in New York City. Paulette Bonanno arranged the financing for this transaction;

* A $1.4 million first mortgage and a $250,000 line of credit for a co-op building on W. 99th St. in New York City. Paulette Bonanno arranged the financing for this transaction;

* A $637,5000 first mortgage for a 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.
 unit on Park Ave. in New York City. Paulette Bonanno arranged the financing for this transaction;
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Title Annotation:mortgage lenders investments, New York City
Publication:Real Estate Weekly
Article Type:Statistical Data Included
Geographic Code:1USA
Date:Mar 6, 2002
Words:1544
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