April 11, 2008 -
Financial Digest
Pergolis Swartz Associates, Inc. has arranged a total of $85.425 million in financing for the following properties:
* Richard Pergolis of Pergolis Swartz arranged a $24 million permanent mortgage for a 12-story elevator office building on 19th St.
* Pergolis negotiated a $15.5 million condo loan for a seven-story elevator apartment building plus commercial condo and basement on Third Ave. in Manhattan.
* Barry Swartz of Pergolis Swartz obtained a $9.75 million construction loan for a to-be-built 17-unit condo building on Ave. B in Manhattan.
* Pergolis arranged two interim loans totaling $8.75 million for a six story elevator commercial building in Long Island City.
* David Tobin of Pergolis Swartz negotiated a $4.78 million permanent first mortgage for an office building containing 48,000 s/f and five tenants located in Plainview.
* Swartz arranged $4.42 million in interim financing for vacant land on 48th St.
* Tobin closed a $4 million permanent first mortgage for a 54-unit, six-story elevator apartment building in Elmhurst.
* Pergolis obtained a $2.8 million permanent loan for a six-story walk-up apartment building on South 4th St. in Brooklyn.
* Pergolis arranged $2.35 million for a permanent loan for five, five-story mixed-use buildings on 72nd St. in Manhattan.
* Michael Volpe of Pergolis Swartz arranged $2.25 million in permanent financing for a single tenant commercial building in Plattsburgh.
* Swartz obtained $2 million in permanent financing for a three-story commercial building on Sixth Ave. in Manhattan.
* Volpe obtained $1.725 million in acquisition financing for a two-story industrial building in Long Island City.
* Swartz closed $1.7 million in permanent financing for two commercial buildings on Seventh Ave.
* Tobin negotiated a $1.4 million permanent first mortgage for a six-story elevator apartment building with 46 units located in the Bronx.
Len Solinsky of Pergolis Swarz obtained $1 million in construction financing for a to-be-built two-family house in Little Neck.