News Outside the Region: Cronheim Mortgage arranges $17 million for two Louisiana properties

Shreveport, LA According to Cronheim Mortgage, it has arranged $17 million in financing for two multifamily properties: Pier/Landing and Sherwood Place in Baton Rouge. Structured with 10-year terms at a fixed rate of 4.00% and 30-year amortizations, the financings were placed with the United States Life Insurance Co. and the Variable Annuity Life Insurance Co., on behalf of whom Cronheim acts as correspondent and servicing agent. Dev Morris, Andrew Tsukamoto, and Andrew Stewart originated and closed both loans.

The subjects are one- and two-bedroom garden apartment complexes. Both properties are owned and managed by the NYC-based Sachs Investment Co.

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Lee & Associates NYC completes $7.5 million land acquisition for Sunrise Senior Living Community in Oceanside

Oceanside, NY Lee & Associates NYC completed the $7.5 million acquisition of a 2.84-acre development site at 374 Atlantic Ave. on behalf of Sunrise Senior Living, bringing to a close a

Resolution Real Estate arranges full-floor office for Looking Glass Psychology at 271 Madison Ave.

Resolution R.E. arranges office lease for Looking Glass Psychology at 271 Madison Ave.

King and Slattery of Lee & Associates NYC arrange 5,250 s/f office lease for Roux at 14 Penn Plaza

Lee & Associates NYC arranges 5,250 s/f office lease for Roux

REALM, DelShah Capital and A.M. Properties acquire 377,000 s/f CitySpire office condominium

REALM, DelShah Capital and A.M. Props. acquire CitySpire

Atlantic Capital Partners sells 893 Bdwy. 25,442 s/f office/retail building for $31 million

Atlantic Cap. Ptrs. sells 893 Bdwy. 25,442 s/f office/retail bldg. - $31m

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