According to Daniel Monte, president of The Rose Hill Group of WNY LTD (RHG), the firm has arranged $2.9 million in permanent financing for Manlius Marketplace Retail Center. Thomas Grzebinski II, VP arranged the financing through Delaware Investments, a correspondent life insurance company.
The 16,221 s/f development was constructed in FY07 and is fully occupied by 11 retail tenants. The project enjoys high visibility along Cazenovia Rd., a major thoroughfare within this suburban market. The borrower was undisclosed.
RHG's upstate correspondent life company lenders include AIG, Allstate Life Insurance Company, American Equities, CUNA Mutual / Members Capital, Delaware Investments (Jefferson Pilot), Genworth Financial, Green Park Financial, National Life of Vermont, Nationwide Life Insurance Co., Ohio National Financial Services, Protective Life Corp. and Security Mutual.
Manhattan, NY According to Lee & Associates NYC, fashion jewelry brand Julie Vos has signed a 14,000 s/f office lease at 218-232 W. 40th St. in Midtown.
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