Real estate. (Financing).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 of $20.48 million was placed by Meridian on a package of 20 multifamily buildings located in the Bronx. The loan featured a rate of 6.25% and a 10 year term. The buildings are managed by Langsam Properties. The transaction was negotiated by Michael Kesselman. * A $12 million mortgage for a 126,824 SF commercial building on Broadway 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 6.75% rate and a 10-year term. Cary E. Pollack pollack: see cod. pollack or pollock Either of two commercially important North Atlantic species of food fish in the cod family (Gadidae). arranged the financing for this transaction; * A $6 million mortgage for a six-story multifamily building on 31st St. in Astoria, N.Y. The loan featured a 6.25% rate and a 10-year term. Avi Weinstock arranged the financing for this transaction; * A $5.6 million mortgage for a six-story multifamily building on Gravesend Neck Road in Brooklyn, N.Y. The loan featured a 5.723% rate and a 10-year term. Jeffrey J. Weinberg arranged the financing for this transaction; * A $4.24 million mortgage for a six-story multifamily building on West End Ave. in New York City. The loan featured a 6.5% rate and a 10-year term. Avi Weinstock arranged the financing for this transaction; * A $2.4 million mortgage for a six-story multi-family building on Claflin Ave. in the Bronx. The loan featured a 6.75% rate and a 10-year term. Avi Weinstock and Saul Piller arranged the financing for this transaction; * A $2 million mortgage for a six-story elevator apartment building on Brooklyn Ave. in Brooklyn, N.Y. The loan featured a 6.32% rate and a 10-year term. David Ostrov and Samuel M. Spinner arranged the financing for this transaction. David Cronheim Mortgage Corporation has recently secured permanent financing Permanent financing Long-term financing using either debt or equity. permanent financing The long-term financing that supports a long-term asset. of $37.5 million for Northampton Crossing, a dominant regional 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 located in Easton, Penn. and acquisition financing of $22.8 million for Seaview Estates Seaview Estate is a private estate located in Bacton, a civil parish in the English county of Norfolk. Bacton is situated on the Norfolk coast, some 20 km south east of Cromer, 40 km north west of Great Yarmouth and 30 km north of Norwich. , a 316-unit apartment complex located in Staten Island Staten Island (1990 pop. 378,977), 59 sq mi (160 sq km), SE N.Y., in New York Bay, SW of Manhattan, forming Richmond co. of New York state and the borough of Staten Island of New York City. , NY. The loan with a ten-year term and thirty-year amortization schedule, financed the acquisition of the property by the borrower, St. Marks Hamilton, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . In addition to arranging the financing, Cronheim also brokered the $28.5 million sale of Seaview Estates. Pergolis Swartz announced the following transactions: * A $1 million permanent first mortgage for a garden apartment complex in Sayville, N.J. Barry Swartz arranged the financing for this transaction; * A $1 million permanent financing for a garden apartment complex in Holbrook, N.Y. David Tobin and Barry Swartz arranged the financing for this transaction; * A $1.5 million permanent first mortgage for a 17,000 SF shopping center in Lake Ronkonkoma, N.Y. David Tobin arranged the financing for this transaction; * A $1.4 million permanent loan for an elevator apartment building in New York City. Barry Swartz arranged the financing for this transaction; * A $2.315 million acquisition loan for a garden apartment complex in St. Albans, N.Y. David Tobin arranged the financing for this transaction; * An $11.5 million permanent mortgage for a residential building on Park Ave. South in New York City. Richard Pergolis and Barry Swartz arranged the financing for this transaction; * A $1.8 million permanent first mortgage for a seven-story, 17,500 SF medical office building on the Upper East Side in New York City. David Tobin arranged the financing for this transaction; * A $7.32 million financing for four six-story elevator apartment building in the Bronx. David Tobin arranged the financing for this transaction; * A $1.7 million permanent first mortgage for a 22,000 SF distribution center/office building in Westbury, N.Y. David Tobin arranged the financing for this transaction; * A $1.8 million financing for four five-story walk-up apartment buildings on the Upper West Side in New York City. Richard Pergolis arranged the financing for this transaction; * A $1.425 million permanent mortgage for a five-story walk-up townhouse town·house or town house n. 1. A residence in a city. 2. A row house, especially a fashionable one. on the Upper West Side in New York City. Richard Pergolis and Barry Swartz arranged the financing for this transaction. * A $1.2 million permanent first mortgage for a 15,000 SF retail strip in Port Jefferson Port Jefferson is the name of some places in the United States of America:
Houlihan-Parnes Realtors, LLC/iCap 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. Advisors arranged a $3.3 million first mortgage for a four-story, 45,000 SF office building at 12 Water St. in White Plains, N.Y. The loan featured a 10-year term. The Singer & Bassuk Organization arranged a $56 million construction financing for a 21-story luxury 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. at 400 W. 51st St. on New York City. Andrew J. Singer, chairman, arranged the financing for this transaction. |
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