Morris of Paragon Prime Funding arranges 2 permanent loans - $3.3m

James Morris IV, MAI director at Paragon Prime Funding in Cohoes, recently arranged a $1.2 million permanent loan for a newly constructed 2-story, wood-frame building with vinyl siding and brick veneer consisting of 16 apartment units on 215 Sacandaga Rd. in Glenville. The site is 100% occupied and a great addition to Glenville. The borrowers had locked for 11 months a rate of 5.89% for 30 year period. Morris also arranged a $2.1 million permanent loan on a campground in Wurtsboro to refinance existing loans. The property consisted of 236 full service RV sites, as well as tent sites and cabins. The 20 year loan started with a fixed rate of 6.75%.

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Marcus & Millichap brokers $2.8 million sale of free-market mixed-use property in Brooklyn

Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.

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N.Y. restaurant group acquires Upper West Side retail co-op for $4.135m in deal arranged by Lee & Associates NYC

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