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Brokerage
Posted: February 25, 2008
Grzebinski of Rose Hill places $3.4m for 104,000 s/f mixed-use development
According to Daniel Monte, president of The Rose Hill Group of WNY LTD (RHG), the firm has arranged $3.4 million in permanent financing for The Mill #3 Building. Thomas Grzebinski II, vice president of Rose Hill, arranged the financing through a regional bank. Â
The 104,000 s/f mixed-use development features a mix of retail tenants, service businesses, and professional offices. The project is anchored by a fitness center that has been a tenant for over 13 years and has high visibility at one of the busiest intersections in the area. The Mill #3 Building has been improved with new windows and improved common area.
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, National Life of Vermont, Nationwide Life Insurance Company, Ohio National Financial Services, and Protective Life Corporation. Â
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