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:* Meridian Capital Group arranged a new mortgage of $5.95 million on a 126 unit, 6 story building on Queens Boulevard Queens Boulevard is a major thoroughfare in the New York City borough of Queens, forming part of New York State Route 25. Location It runs northwest to southeast across more than half the length of the borough, starting at the Queensboro Bridge in Long Island City and in Rego REGO Reinventing Government REGO Renewable Energy Guarantee of Origin (UK) Park, N.Y. The loan featured a rate of 5.4% and a 10 year term. Jeffrey J. Weinberg & David Ostrov negotiated the transaction. * A new blanket mortgage Blanket Mortgage A mortgage that covers at least two pieces of real estate as collateral for the same mortgage. of $4.5 million was placed by Meridian on two 4 story Multifamily Buildings on Newton Ave in Long Island City, N.Y. The loan featured a rate of 6.25% and a 15 year term. Michael Kesselman negotiated the transaction. * A new mortgage of $2 million was placed by Meridian on a 58 unit, 5 story rental building on Bailey Avenue in Bronx, N.Y. The loan featured a rate of 5.970% and a 15 year term. The transaction was negotiated by Morris Diamant. * A new mortgage of $1.8 million was arranged by Meridian on a 85 unit, 6 story building on Boynton Avenue in the Bronx. The loan featured a rate of 6.5% and a 15 year term. Michael Kesselman negotiated the transaction. * A new mortgage of $1.35 million was placed by Meridian on a 16 unit, 5 story building on Cleveland Place 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 loan featured a rate of 6.375% and a 10 year term. Joseph Taub negotiated the transaction. * A new mortgage of $1.08 million was placed by Meridian on a 53 unit, 5 story building on Ryer Avenue in the Bronx. The loan featured a rate of 5.75% and a 10 year term. Avi Weinstock & Moshe Majeski negotiated the transaction. Holliday Fenoglio, L.P. arranged a $4.975 million loan for a 14,200 SF retail building in Westport, Conn. Timothy J. Breda, director, and Christine R. Riniti, senior real estate analyst, 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 (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control announced the following transactions: * A $1.65 million loan for a six-story apartment building on W. 184th St. in New York City; * A $2.4 million loan for a six-story apartment building on W. 227th St. in New York City; * A $1.45 million loan for a five-story apartment building on Morris Ave. in the Bronx; * A $1.05 million loan for two contiguous Adjacent or touching. Contrast with fragmentation. See contiguous file. five-story apartment buildings on W. 180th St. in New York City; * A $1.35 million loan for a six-story apartment building on Audubon Ave. in New York City; * A $2.45 million loan for a six-story apartment building on W. 228th St. in New York City; * A $2.45 million loan for a six-story apartment building on Bailey Ave. in the Bronx; * A $1.15 million loan for a six-story apartment building on Broadway in New York City. Paul Greenbaum and Adam Brostovski arranged the financing for these transactions. Holliday Fenoglio Fowler, L.P. arranged a $10 million loan for a 180,308 SF industrial facility in Jersey City, N.J. Thomas Didio, senior managing director, arranged the financing for this transaction. BRT BRT Bus Rapid Transit BRT Business Roundtable BRT Brightness BRT Be Right There (chat) BRT Bruttoregistertonnen (German: Gross Register Tons) BRT Biratnagar (Nepal) Realty realty n. a short form of "real estate." (See: real estate) REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property. Trust announced the following transactions: * A $1.2 million loan for an apartment building in Newark, N.J.; * An $850,000 first mortgage for a multifamily building in Hartford, Conn. The loan featured a one-year term; * A $2.586 million loan for a 60,000 SF office building in Jersey City, N.J. Holliday Fenoglio Fowler, L.P. arranged an acquisition loan for a three-building industrial portfolio in Branchburg, N.J. and Lehigh Valley The Lehigh Valley or the Allentown-Bethlehem-Easton, PA-NJ metropolitan area is a metropolitan region in eastern Pennsylvania and western New Jersey, in the United States. It is the third-most populated metropolitan region in Pennsylvania, after Philadelphia and Pittsburgh. , Penn. Jonathan Mikula, senior director, arranged the financing for this transaction. Column Financial, Inc. announced its Connecticut office has financed a 47 unit multifamily project in New Haven New Haven, city (1990 pop. 130,474), New Haven co., S Conn., a port of entry where the Quinnipiac and other small rivers enter Long Island Sound; inc. 1784. Firearms and ammunition, clocks and watches, tools, rubber and paper products, and textiles are among the many , Conn. for $1.275 million. The financing was structured as a 10-year term, 20-year amortization, 75% LTV LTV See: Loan-to-value ratio , and a l.57x. Column Financial, Inc. announced its Connecticut office has financed a 36 unit multifamily project in E. Hartford, Conn. for $1 million. The financing was structured as a 10-year term, 25-year amortization, 78% LTV, and a l.30x. Emigrant EMIGRANT. One who quits his country for any lawful reason, with a design to settle elsewhere, and who takes his family and property, if he has any, with him. Vatt. b. 1, c. 19, Sec. 224. Funding Corporation announced the closing of 25 loans totaling $10.565 million for September: * Acquisition financing for $172,500 for a two-story, mixed-use, walk-up building with (2) apartments and (1) commercial unit located in The Bronx, N.Y. * Acquisition financing for $200,000 for a three-story, mixed-use, non-elevator building with (4) apartments and (1) commercial unit located in Harrison, N.J. * Refinancing Refinancing An extension and/or increase in amount of existing debt. for $425,000 for a two-story, walk-up building containing (5) commercial units located in Brooklyn, N.Y. * Refinancing for $200,000 for a four-story, mixed-use, non-elevator building with (10) class A apartments located in Manhattan, NY. * Acquisition financing for $300,000 for a four-story, mixed-use, walk-up with (9) class A apartments located in Brooklyn, NY. * Refinancing for $215,000 for a two-story, plus attic, mixed-use, non-elevator building containing (2) class A apartments (1) commercial unit, an outdoor parking lot and a (2) car garage located in the Bronx, NY. * Refinancing for $1,250,000 for two single-story buildings containing (15) commercial units located in Mount Sinai, NY. * Refinancing for $150,000 for a two-story, mixed-use, non-elevator building containing (2) apartments and (1) commercial unit located in Long Branch, NJ. * Acquisition financing for $225,000 for a three-story, non-elevator building containing (6) apartments located in Woodside, NY. * Refinancing for $735,000 for a four-story, non-elevator building containing (4) class A apartments located in Manhattan, NY. * Refinancing for $500,000 for a two-story, mixed-use, non-elevator building containing (2) class A apartments and (2) commercial units located in Astoria, NY. * Acquisition financing for $205,000 for a four-story, walk-up building with (8) class A apartments located in Brooklyn, NY. * Acquisition financing for $410,000 for a three-story, plus garden level, non-elevator building containing (8) class A apartments and a (2) car garage located in Manhattan, NY. * Refinancing for $100,000 for a three-story, non-elevator building containing (7) class A apartments located in Brooklyn, NY. * Refinancing for $250,000 for a three-story, plus a single story rear extension, mixed-use, non-elevator building with (2) apartments and (1) commercial unit located in The Bronx, NY. * Refinancing for $1,500,000 for a three-story, 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, building containing (41) class A apartments located in Elmhurst, NJ. * Acquisition financing for $230,000 for a three-story, non-elevator building containing (6) class A apartments located in Brooklyn, NY. * Refinancing for $850,000 for a four-story, elevator building containing (54) cooperative apartments and (7) commercial units located in Great Neck, NY. * Acquisition financing for $175,000 for a single-story, building with (3) commercial units located in West New York West New York, town (1990 pop. 38,125), Hudson co., NE N.J., atop the Palisades across the Hudson River from New York City; settled 1790, inc. 1898. It is a residential town with some light industry. West New York is also a leading U.S. embroidery center. , NJ. * Acquisition financing for $250,000 for a three-story, mixed-use, non-elevator building containing (10) apartments and (2) commercial units located in West New York, NY. * Refinancing for $600,000 for a four-story, non-elevator building containing (20) class A apartments located in Brooklyn, NY. * Refinancing for $300,000 for a four-story, non-elevator building containing (8) class A apartments located in Brooklyn, NY. * Refinancing for $287,500 for five-story, mixed-use, non-elevator building containing (5) class A apartments and (1) commercial unit located in Manhattan, NY. * Refinancing for $285,000 for a building containing (3) apartments and (5) commercial units located in Union City, N.J. * Refinancing for $750,000 for a three-story, mixed-use, non-elevator building containing (7) class A apartments and (4) commercial units and an outdoor parking located in Port Jefferson Port Jefferson is the name of some places in the United States of America:
Gala Resources announced the following transactions: * a $175,000 loan for a two-family building in the Bronx * a $215,000 loan for a four-family building in Brooklyn * a $155,000 loan for a one-family building in Montclair, N.J. * a $340,000 loan for a two-family building in Corona Corona, city, United States Corona (kərō`nə), city (1990 pop. 76,095), Riverside co., S Calif.; inc. 1896. The city developed as a primary citrus fruit producer and shipping center. There is also light manufacturing. , N.Y. * a $465,000 loan for a three-family building in Far Rockaway Rockaway, narrow peninsula, c.10 mi (16 km) long, SW Long Island, SE N.Y., in Queens borough of New York City. Separating Jamaica Bay from the Atlantic Ocean and isolated from the rest of New York City, the densely populated peninsula owes its growth to road and rail , N.Y. Legg Mason Founded in 1899, Legg Mason, Inc. (NYSE: LM) is a leading Global Asset Management Firm that serves the institutional, mutual fund and wealth management markets. The firm is headquartered in Baltimore, Maryland, and is located on Lombard and Charles Streets in the Legg Mason Real Estate Services announced the following transactions: * Edward Tamer, vice president of the company's Albany Regional office, arranged a first mortgage loan of $14.5 million for Capital Region Health Park in Colonie, N.Y. The financing was based on a 10-year term with a 25-year amortization schedule. * Tamer arranged a first mortgage loan of $2.2 million for 40 Steuben St. in Albany. The financing was based on a 10-year term with a 22-year amortization schedule. M. Tuck Capital Associates announced the following transactions: * A loan in the amount of $1.1 million was arranged for a 51 unit walkup walk·up also walk-up n. 1. An apartment house or office building with no elevator. 2. An apartment or office in a building with no elevator. apartment building located on 160th Street in Manhattan. The 15 year fixed rate self liquidating loan closed at a rate of 6.25% fixed for the term. There was no fee charged by the lender. * A loan in the amount of $330,000 was arranged for a mixed use apartment building containing four apartments and four stores located on 32nd Avenue in Bayside, Queens Bayside is a neighborhood in the borough of Queens in New York City, New York in the United States. It is one of New York's most ethnically diverse commuter towns, though inside the City limits. The neighborhood is part of Queens Community Board 11. . The loan was placed with no fee to the lender. * A loan in the amount of $1.35 million was arranged for a 44 unit walk up apartment building located on 164th Street in Manhattan, NY. There was no fee charged by the lender. * A 15 year fix rate self liquidating loan was placed on a 77 unit walk up apartment building located on St. Nicholas Avenue in Manhattan, N.Y. The loan in the amount of $2.65 million closed at a rate of 6.25% for the full term. There was no fee charged by the lender. The best address where the industry does business 212-777-6611 Fax 212-777-1535 |
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