Printer Friendly

M. Robert Goldman & Company.

M. Robert Goldman & Company announced it has completed a $30 million financing package for the development of Victorian Gardens, a new 402-unit garden apartment complex in Holtsville, N.Y. MRG principal, Jonathan Goldman announced that the loan was placed through a leading domestic insurance company.

Originated by Robert Gladitsch of M. Robert Goldman & Company, the $30 million mortgage is a 25-year self-liquidating loan with a 7.71 % interest rate. According to Mr. Gladitsch, MRG beat out both Freddie Mac and Fannie Mae on the transaction. He noted that the agencies usually wins these types of projects, but because of the exceptional rate and MRG's access to lenders who were able to tailor the loan to the specific needs of the borrower, M. Robert Goldman & Company won the deal.
COPYRIGHT 2000 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Sep 6, 2000
Previous Article:The Marketing Directors turns 20, with $3 billion under its belt.
Next Article:Paul Greenbaum.

Related Articles
M. Robert Goldman & Company.
Financing: Real estate.
M. Robert Goldman & Company, Inc., GE Financial Assurance, and the Guardian Life Insurance Company of America announced the transactions. (Real...
MRG enters agreement.
MRG, AIG reach agreement.
MRG secures financing for Long Island projects.
$69m finance package includes William street tower.
Goldman's $15m deal.

Terms of use | Privacy policy | Copyright © 2020 Farlex, Inc. | Feedback | For webmasters