News: Finance

Pergolis Swartz Associates close eight transactions totaling $32.547 million

Pergolis Swartz Associates Inc. have recently completed eight transactions totaling $32.547 million. A permanent mortgage in the amount of $2.3 million was negotiated by Michael Volpe for a 36 unit townhouse apartment complex. Barry Swartz arranged a permanent loan in the amount of $7.15 million for three 4-story apartment buildings on East 50th St. in Manhattan. Swartz also obtained a $10 million land loan for a future development site of a residential apartment building in the Chelsea neighborhood of Manhattan. Volpe arranged a construction loan in the amount of $1.4 million for a to-be-built four story building with community facility space on 63rd St. in Queens. Swartz and Volpe secured $2.56 million in permanent financing for an apartment house on Riverside Dr. in Manhattan. $3.787 million in permanent financing was obtained by Swartz for 143 condo units in the East 60s. Richard Pergolis obtained $3 million construction financing for a to be built six story, elevator apartment building on West 127th St. in New York City. Len Solinsky closed a $2.35 million permanent loan for a mixed use property on Second Ave. in Manhattan.
Tags: Finance
READ ON THE GO
DIGITAL EDITIONS
Subscribe