Robert M. Goldman forges relationship with Woodmen.An exclusive correspondent relationship with Woodmen of the World Woodmen of the World is a fraternal organization in the United States that operates a large privately held insurance company for its members. Its colorful history includes the erection of numerous distinctive tombstones depicting tree stumps across the country before 1930, Life Insurance Society is giving both M. Robert Goldman & Company, Inc. (MRG MRG Merge MRG Minority Rights Group International MRG Mad River Glen (Vermont) MRG Mouvement des Radicaux de Gauche (French: Left Radical Movement) MRG Manyetik Rezonans Görüntüleme ) and M. Robert Goldman & Company of N.J., Inc. (MRG-NJ) a decided advantage in dealing with borrowers seeking construction and permanent loans. Woodmen offers simple and efficient "one-stop" shopping for those in search of construction/permanent financing for substantially leased office, industrial and retail properties with loans ranging from $2 to $10 million, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Jonathan Goldman, Vice-President of M. Robert Goldman & Company, a Jericho, N.Y.-based commercial mortgage banker Mortgage Banker A company, individual or institution that originates, sells and services mortgage loans. Notes: Don't confuse a mortgage banker with a mortgage broker. . "As an exclusive mortgage loan correspondent for Woodmen, we are able to provide our customers with one of the market's most desirable methods to receive fixed-rate construction financing for commercial properties," says Goldman. "There is only one set of documents for closing, resulting in simple conversion to permanent financing Permanent financing Long-term financing using either debt or equity. permanent financing The long-term financing that supports a long-term asset. and significant savings on legal expenses. "What's more, Woodmen construction loans are administered by a local correspondent which means that a representative is readily available for personal contact and problem solving problem solving Process involved in finding a solution to a problem. Many animals routinely solve problems of locomotion, food finding, and shelter through trial and error. ." To qualify for a Woodmen construction loan, borrowers must be experienced in the property type and have significant net worth relative to the loan amount, Goldman indicates. MRG and its New Jersey office service over $135 million of Woodmen loans and combined are one of the largest Woodmen correspondents in the country. Recent transactions completed by both MRG and MRG-NJ with Woodmen include: * $2.4 million in permanent financing for a 40,840 SF industrial and R&D building located at 3500 Veterans Memorial Highway Veterans Memorial Highway is the name chosen for the following roads: Canada * $2.4 million in permanent financing for a 31,240 SF retail building located in the 98,710 square foot Hempstead Village Commons in Hempstead, N.Y. The building is occupied by AJ Wright and Lot Stores. * $8.3 million in permanent financing for a 203,649 SF industrial building located at 2 Cranberry Road in Parsippany, N.J. The refinancing loan was for a 10-year term. |
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