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North East Community Bank (NECB).

North East Community Bank (NECB) announced the following transactions:

* A $570,000 new mortgage for a 5-year arm, 10 year balloon, 25 year amortization schedule on a 12 unit, walk-up building in Brooklyn, NY.

* A $330,000 new mortgage for a 5 year arm, 15 year balloon. 25 year amortization schedule on a 6 unit, 3 story walk-up building in Brooklyn, NY.

* A $390,000 new mortgage for a 5 year arm, 15 year balloon, 25 year amortization schedule on a 5 unit, 2 story walk-up in Brooklyn, NY.

* A $543,750 new mortgage for a 5 year arm, 10 year ballon 25 year amortization schedule on a 9 unit, 4 story walk-up in Bronx, NY.

* A $1,200,000 new mortgage for a 5 year arm, 15 year balloon, 25 year amortization schedule on a 48 unit, 5 story walk-up in Bronx, NY.

* A $500,000 NECB existing loan for a 5 year arm, 15 year balloon, 25 year amortization schedule on a 7 unit mixed-use, 5 story walk-up in New York, NY.

* Financed a $565,000 new mortgage for a 5 year arm, 15 year balloon, 25 year amortization schedule on a 6 unit, 4 story walk-up in Yonkers, NY.

* A $7,000,000 NECB existing loan for a 5 year arm, 15 year balloon, 30 year amortization schedule on a 142 unit, (2) 3 story and (1)2 story walk-up in Hartford. CT.

* A $575,000 new mortgage for a 5 year arm, 15 year balloon, 25 year amortization schedule on a 30 unit, 3 story walk-up in Hartford, CT.
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Title Annotation:TRANSACTIONS
Publication:Real Estate Weekly
Geographic Code:1U2NY
Date:Feb 6, 2013
Words:263
Previous Article:Eastern Union.
Next Article:Massey Knakal Capital Services.
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