News:
Brokerage
Posted: October 4, 2007
Kennedy of Largo finances $3m for the 91-unit Heritage Apartments
Christopher Kennedy, account executive for Largo Real Estate Advisors, Inc. arranged first mortgage financing in the amount of $3 million for a 91-unit apartment complex located at 425 Glen St. The building is occupied by a combination of young professionals and older retired people. The demand for the units is primarily driven by the property's proximity to the GNA office building, as well as Glens Falls Memorial hospital.
Kennedy secured a 10-year fixed rate loan with a 30-year amortization schedule for the borrower.
Tags:
Brokerage
MORE FROM Brokerage
Investment Property Realty Group’s Team Friedman closes five Bronx sales totaling $5.3 million
Bronx, NY Investment Property Realty Group’s (IPRG) Team Friedman closed five sales totaling $5.3 million in the month of September. • 1707 Melville St. sold for $1.35 million. Located in Van Nest, the property
Quick Hits
 (2).gif)
Columns and Thought Leadership
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt
Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
A guide to finding the right NYC property management company - by Sanjay Gandhi
Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
Positive forecast for New York’s pro-housing push? - by Philip Butler
New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing
.gif)
September Promotion
