News: Finance

Pergolis Swartz Associates arranges a total of $125 million in financing

Pergolis Swartz Associates has closed a total of $125 million in financing for the following: * Barry Swartz of Pergolis Swartz arranged a $3.875 million permanent loan for a five-story walk-up apartment building on Ave. A. * Swartz arranged a $9.75 million construction loan for a to be built 17-unit condo building on Ave. B. * Swartz arranged $11 million in permanent financing for a five-story elevator, mansion on East 75th St. * Swartz arranged $4.42 million in interim financing for land on 48th St. * Richard Pergolis of Pergolis Swartz obtained $4.165 million in permanent financing for a mixed-use property in Plainfield, N.J. * Pergolis negotiated a $3.15 million permanent mortgage for a five-story elevator office building on West 41st St. * Pergolis arranged a $24 million permanent mortgage for a 12-story elevator office building on 19th St. * Pergolis arranged two interim loans totaling $8.75 million for a six-story elevator commercial building in Long Island City. * Pergolis negotiated a $15.5 million loan for a seven-story elevator apartment building on Third Ave. * David Tobin of Pergolis Swartz negotiated an $11.5 million permanent first mortgage for a 14-story, 265-unit apartment building in Philadelphia, Penn. * Tobin negotiated a $4.78 million permanent first mortgage for an office building containing 48,000 s/f and five tenants in Plainview. * Jon Harrington of Pergolis Swartz closed a $16.3 million first mortgage for a 110-unit student housing building in Danbury, Conn. * Harrington arranged $4.765 million in construction financing for an IHOP in Franklin Park, N.J. * Ayush Kapahi of Pergolis Swartz arranged a $3.5 million permanent mortgage for a 24-unit apartment building located in Corona.
Tags: Finance
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