Houlihan-Parnes Realtors places $1 million first mortgage

According to Jeremiah Houlihan of Houlihan-Parnes Realtors, the company has completed placement of a $1 million first mortgage for two 5-story apartment buildings located at 239-253 West First St. The property is located near the Bronx border and contains 44 apartments and eight retail stores. The loan was placed with a Long Island based savings bank for a 10 year term at a market interest rate with no commitment fee. Houlihan-Parnes Realtors, LLC is a multi-faceted real estate investment company headquartered in White Plains, N.Y. Its companies and affiliates are engaged in the acquisition and ownership of all types of commercial real estate investment property in the continental United States. Its various companies and affiliates specialize in commercial mortgage finance, investment sales, property management, leasing, mortgage servicing and consulting. For more information, please contact James J. Houlihan at (914) 694-6070, ext. 324 or by e-mail at: [email protected].