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Sources Of Financing
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Sources Of Financing David Cronheim Mortgage Corp. (973-635-6800) secured financing of $4.2 million for a 125,320 sq.ft. center located in Hollywood, FL. The loan, placed with Greenwich Capital Financial Products, Inc. on behalf of Wharton Realty Group, Inc., has a term of 10 years and an amortization of 25 years. Kmart renewed its lease in 1999 for another 20 years at the center, which is located at the intersection of U.S. Highway 441 and Washington Street.
Dominion Mortgage Corp. (800-477-3012) is offering the following loans: commercial real estate loan programs with aggressive rates and terms starting at $1 million nationwide; healthcare real estate loan programs with fixed rates nationwide; a flexible underwriting program with non-conduit and no defeasance and bridge/hard money loans. The company provides financing for the following property types: industrial buildings, mixed-use properties, hotels and motels, land development, mobile home parks, multi-family apartments, office buildings, retail buildings, single-tenant properties and special purpose buildings.
Meridian Capital Group, LLC (212-972-3600) offers loans from $500,000 to $500 million. |