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 fob lowing transactions: * A $20.48 million new mortgage for 20 multifamily buildings in the Bronx Bronx, river, c.20 mi (30 km) long, issuing from Kensico Reservoir, SE N.Y., and flowing SW through the Bronx into the East River. The Bronx River Parkway, one of the first limited-access highways in the New York City area, parallels a portion of the river. . The loan featured a 6.25% rate and a 10-year term. Michael Michael, archangel Michael (mī`kəl) [Heb.,=who is like God?], archangel prominent in Christian, Jewish, and Muslim traditions. In the Bible and early Jewish literature, Michael is one of the angels of God's presence. Kesselman arranged the financing for this transaction; * A $12.8 million new mortgage for a 16-story mixed-use building on E. 21st St. 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 6.5% rate and a seven-year term. Avi Weinstock arranged the financing for this transaction; * A $5.175 million new mortgage for five multifamily buildings in the Bronx. The loan featured a 10-year term. David Hayum arranged the financing for this transaction; * A $4.75 million new mortgage for a 32,600 SF 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. project on Dean St. in Brooklyn, N.Y. The loan featured a two-year term. Elliott Y. Birnbaum and Yigal Y. Niasoff arranged the financing for this transaction; * A $1.515 million new mortgage for a six-story multifamily building on Prospect Park Southwest in Brooklyn, N.Y. The loan featured a 6.5% rate and a 10-year term. Allan Lieberman arranged the financing for this transaction; * A $1.275 million new mortgage for a five-story multifamily building on Andrews 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 6.75% rate and a 10-year term. David Ganz arranged the financing for this transaction. Houlihan-Parnes/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 $17.5 million acquisition loan for 13 apartment buildings in Orange and Elizabeth, N.J. The loan featured a three-year term and a rate floating over LTBOR. James J. Houlihan arranged the financing for this transaction. ARCS Commercial Mortgage Co. arranged a $5.5 million mortgage loan for River Terrace, an apartment building in Riverdale, N.Y. The loan featured a 7.08% rate, a 30-year term, and a 30-year amortization schedule. ARCS Commercial Mortgage Co. arranged a $3.545 million second mortgage for Woodcliff Estate, an apartment building in Hartford, Conn. The loan featured a 7.61% rate, an 11-year term, and a 30-year amortization schedule. Winter & Company arranged a $6 million mortgage for a nine-story, 68,000 SF office building on E. 40th St. in New York City. The loan featured a 7.33% rate, a 10-year term, and a 30-year amortization schedule. |
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