Costaldo of Houlihan Parnes/iCap arranges $1.5 million perm. loan

November 19, 2007 - Financial Digest

Gus Costaldo

Gus Costaldo of Houlihan-Parnes/iCap Realty Advisors, LLC has arranged a $1.5 million permanent loan for the Knoyzz Clothing Company. Knoyzz has six stores located in: Rye Brook and Mount Kisco, N.Y.; and Westport, Greenwich, New Canaan, and Glastonbury, Conn.
The eight-year loan features interest only for the first year and can be prepaid without a penalty.
Houlihan-Parnes/iCap Realty is a nationally affiliated, multi-faceted real estate investment company. Its companies and affiliates are engaged in the acquisition and ownership of all types of commercial real estate investment property in the continental U.S. Its various companies and affiliates specialize in commercial mortgage finance, investment sales, property management, leasing and mortgage servicing.
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