Business Services Industry
Sterling Empire Funding
Real Estate Weekly, Dec 20, 2000
Sterling Empire Funding recently placed a $2.5 million mortgage on an industrial property in Midtown Manhattan. The loan had a very unique feature in that it had no personal guarantees to the borrower, on a property that was 90% owner occupied. Sheldon Sontag negotiated the transaction.
The company also arranged a $550,000 cashout refinance on a 25-unit walk-up apartment building in Midtown Manhattan.
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