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Brokerage
Posted: December 23, 2013
Houlihan-Parnes Realtors arranges two mortgages totaling $36 million
Houlihan-Parnes, Realtors, LLC arranged the closing of two new first mortgages in the amount of $15 million and $21 million. The ten year loans have a fixed interest rate of 4.85% with three years interest only. The two properties total 960 units. Built in 1985, the properties occupancies are 95%. Fred Stahl and Sheldon Stahl handled the loans for Houlihan-Parnes Realtors, LLC.
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