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Altman Warwick.

Altman Warwick has announced the following new loan transactions totaling $105,350,000:

* Robert Altman arranged a $36,000,000 new first mortgage secured by a 154,000 square foot Food & Drug 'power' center located in Staten Island, NY. The loan featured a term of 9-years with a 25-year amortization and an interest rate of 3.85%.

* Brian Warwick arranged the financing in the amount of $30,000,000 secured by a 5,900 square foot luxury retail condominium in Waikiki Beach, Honolulu, Hawaii. The loan features a term of 10 years with a 30-year amortization and an interest rate of 4.75%.

* Robert Altman arranged two loans totaling $24,000,000 secured by two office buildings located in Queens, NY. The loans featured terms of 7 years with 25-year amortization and a rate of 4.02%.

* Brian Warwick obtained commercial term loan financing in the amount of $10,000,000 secured by 2 private aviation hangers and an attached office building totaling 95,000 square feet located in East Farmingdale, New York. The loan features a term of 10 years with a 25-year amortization and an interest rate of 4.25%.

* Brian Warwick arranged a new first mortgage term loan of $3,600,000 secured by a commercial condominium of 7,500 square feet located in New York, NY. The loan features a term of 7 years with a 25-year amortization and an interest rate of 4.07%.

* Gerry Krell arranged a new first mortgage in the amount of $1,750,000 on a 9-family, multi-family building located in Brooklyn, New York. The loan featured a term of 7 years with a 30-year amortization and an interest rate of 3.75%.

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Title Annotation:TRANSACTIONS
Publication:Real Estate Weekly
Geographic Code:1U2NY
Date:Jul 23, 2014
Words:282
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