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.
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