Titan Capital funds $6.25 million for West Village Townhouse
Titan Capital was contacted by a property owner who was looking to refinance a maturing loan on a three-story townhouse located at 53 Jane St. in the West Village neighborhood of the borough. The owner purchased the property in 2009 in a quick, all-cash transaction as an investment property. For five years the property sat free-and-clear of debt until the owner decided to cash out on some of his equity in 2014 using a short term loan. As that loan was reaching its maturity date, the borrower reached out to Titan Capital in order to refinance the loan. Titan Capital was able to fund the $6.25 million loan as requested by the borrower.
Manhattan, NY According to Meridian Capital Group, Jordan Langer, Noam Aziz and Carson Shahrabani of the firm’s retail leasing team have arranged a five-year lease at 236 West 10th St. in Greenwich Village
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The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account