News:
Brokerage
Posted: May 2, 2017
Falardeau of KeyBank Commercial Mortgage Group arranges $11.6 million
Rochester, NY KeyBank Real Estate Capital has provided an $11.6 million Freddie Mac first mortgage loan for Kings Court Manor Apartments. The 184-unit, multifamily property was built in 1968-1970.
Dirk Falardeau of Key’s Commercial Mortgage Group arranged the financing with a seven-year term, two-year interest only period and a 30-year amortization schedule. The loan was used to refinance existing debt.
KeyBank’s broad financing options, integrated platform and industry experience gives its clients what they need to meet their short- and long-term goals.
Tags:
Brokerage
MORE FROM Brokerage
200E20TH sells out in Gramercy, penthouse A closes out sales at the CetraRuddy-designed condominium residences
Manhattan, NY 200E20TH, the CetraRuddy-designed architectural masterwork that brought a curved, contemporary sensibility to Gramercy’s Beaux-Arts streetscape, has
Quick Hits
Columns and Thought Leadership
The art of investing in real estate - by Thomas Donovan
Real estate investing is as much an art as it is a skill. No one can time the market, or the factors that drive it, perfectly. Location, zoning, size, transportation, and neighborhood density give you a baseline for
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt
Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
Hunt CRE question and answer: Choosing a real estate agent - by David Hunt
First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary
.gif)