News: Finance

Zev Pollak Co. structures eight mortgage deals totaling $32.6 million

Zev Pollak Co., LLC has arranged financing for eight mortgages totaling $32.6 million: * A new $9.5 million mortgage for a 106-unit, six-story elevator apartment building. The loan features a 10-year term. The deal was handled by Zev Pollak and Israel Lieberman. * A $4.5 milion mortgage for a 57-unit, six-story elevator multifamily building. The loan features a rate of 3.45% and a 10-year term. The deal was negotiated by Leiberman. * A $4.3 million mortgage for a 54-unit, six-story elevator multifamily building in Forest Hills. The loan features a rate of 3.9% for a 10-year fixed term. The deal was negotiated by Pollak. * A $3.4 million mortgage for a 54-unit, six-story elevator apartment building in the Prospect Heights section of Brooklyn. The loan features a five-year term. The deal was negotiated by Steven Muller. * A $1.8 million mortgage for a 55-unit, six-story elevator apartment buildings in Flushing, Queens. The loan features a fixed-rate of 4.125% for a 15-year loan. The deal was negotiated by Leiberman. * A $2 million mortgage for a 39-unit mixed-use apartment building in Jackson Heights, Queens. The loan features a fixed-rate of 4.125% for a 15-year loan. The deal was negotiated by Leiberman. * A $4.2 million mortgage for a 61-unit, six-story elevator multifamily building on Ocean Ave., Brooklyn. The loan features a fixed-rate of 3.25% for a ten-year term. The deal was negotiated by Leiberman and Muller. * A $2.9 million mortgage for a 36-unit, four-story walk-up multifamily building on Ocean Ave., Brooklyn. The loan features a fixed-rate 3.25% for a ten-year term. The deal was negotiated by Pollak.
Tags: Finance
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