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Robert Morel.


Robert Morel morel

Any of various species of edible mushrooms in the genera Morchella and Verpa. Morels have a convoluted or pitted head, or cap, vary in shape, and occur in diverse habitats. The edible M.
, director of financial services for City One Real Estate and Financing, has arranged a 90% LTV LTV

See: Loan-to-value ratio
 financing in the aggregate amount of $4,950,000 for the acquisition of a 100,000 SF building in East New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
. Morel, co-founding partner of City One, structured this financing package with a mezzanine lender and also secured 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.
 Industrial Development Agency Straight Lease benefits, conferring significant property tax abatements on the operating entity. Morel will also secure a 30% energy discount for Circle Imports, as well as a special New York State subsidy program known as the Linked Deposit Program.
COPYRIGHT 2001 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:City One Real Estate and Financing
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:May 16, 2001
Words:102
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