Rabinowitz of Houlihan Parnes/iCap negotiates $225,000 first mortgage
David Rabinowitz of Houlihan Parnes/iCap Realty Advisors, LLC has arranged a private first mortgage loan of $225,000 on 1832 Wallace Ave. in the Morris Park area. The first mortgage/bridge loan was an interest only fixed rate mortgage with a term of 12 months with no pre-payment for the first three months.
The borrower was represented by Kathleen Bradshaw, Esq. The lender was represented by Joshua Deutsch, Esq. of Deutsch & Schneider.
Honeoye Falls, NY Jack Phillips of Largo Real Estate Advisors, Inc. arranged a $24.7 million loan for a 156-unit multi-family property The non-recourse loan, placed through one of