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Realco arranges new 1st mortgage.

Gerald Krell, president of REALCO Group Asset Management, Ltd., and Mitchell Greenspan, vice president, report that REALCO has arranged for a new first mortgage of $5.6 million on behalf of JNK Capital, Ltd., for the 100,000-square-foot Big-H Pathmark Shopping Center in Huntington, New York.

The mortgage was placed with a commercial bank. The shopping Center, managed and leased by REALCO, includes Pathmark, The Gap, Fayva Shoes, LILCO and Long Island Savings Bank. New tenants include One Price Fashion, Dollar Daze Variety and Comfort Bedding. The property is 100 percent rented.
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Title Annotation:on behalf of JNK Capital Ltd.
Publication:Real Estate Weekly
Date:Aug 5, 1992
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