Mark Scott's Commercial Mortgage Capital arranges $3 million loan
Mark Scott's Commercial Mortgage Capital (CMC), a leader in real estate finance that arranges permanent, construction and mezzanine loans for a wide range of commercial properties including multifamily, office, retail, industrial and healthcare facilities primarily in the tri-state area, has recently closed a $3 million loan.
The $3-million first mortgage refinance was placed for a 109-unit high-rise apartment building located on Broad St. The property consists of 12 studio apartments, 73 one-bedroom and 24 two-bedroom units. The financing was obtained through AEGON USA Realty Advisors.
Since its inception in 1996, Mark Scott's Commercial Mortgage Capital has been a leader in real estate financing-arranging permanent, construction and mezzanine loans for a wide range of commercial properties including multi-family, office, retail, industrial and healthcare facilities primarily in New York, New Jersey and Connecticut. During this time, Scott has personally arranged over $3.7 billion of debt and equity financing. He understands the competitive marketplace and offers quick turnaround as well as responsive and professional guidance through the entire loan transaction.
Brooklyn, MA Investment Property Realty Group (IPRG) has closed the sale of 129 Jackson St., a multifamily building located in the Williamsburg section of the borough, for $2.15 million.
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