Financial Digest

NCB provides a total of $11 million for 12 area co-op properties

According to Edward Howe III, managing director of the NCB, the bank originated $11 million in financing for 12 area co-op properties. The f...

Q-Real Estate obtains $20.85m in construction financing for Latitude

Q-Real Estate Partners, LLC has secured $20.85 million in construction financing for Latitude, a new 53-home residential condo it is develop...

Hammer and Kesselman of Meridian refinance $2.5 million for strip ctr.

Meridian Capital Group arranged a financing in the amount of $2.5 million for the refinance of a commercial strip center located at 13802-24...

Pergolis Swartz Assocs.arranges $55.045 million

Pergolis Swartz Associates, Inc. has arranged $55.045 million for the following deals: * Barry Swartz of Pergolis Swartz negotiated $15.5 mi...

Private lenders emerge as more than alternative in the lending industry

Today's current credit crunch is a reality which cannot be ignored. Many conventional lenders, primarily banks, simply are not closing loan...

Campbell, Fenster and Rock of Carlton finance $92m office property

According to Howard Michaels, chairman of Carlton Advisory Services, partner Michael Campbell, managing director Steve Fenster and senior vi...

Bruck of Time Equities, Inc. completes six mortgage placements totaling $41.51m

Stuart Bruck of Time Equities, Inc. has arranged the following six mortgage placements totaling $41.51 million: * An $8 million loan secured...

Delitsky and Newman of HFF secure $22.5m refinancing for shopping ctr.

The New York office of Holliday Fenoglio Fowler, L.P. (HFF) has arranged the $22.5 million refinancing of Expressway Plaza Shopping Center,...

Potomac Realty Capital closes $8.1 million loan

Potomac Realty Capital, LLC structured and closed an $8.1 million permanent loan for a 121-unit apartment complex . The property is located ...

Agha of Largo secures $500,000 for 2,032 s/f Texas gas station/store

Farah Agha, account executive for Largo Real Estate Advisors, Inc. arranged first mortgage financing in the amount of $500,000 for a Texaco ...