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.

COPYRIGHT 2000 Hagedorn Publication
COPYRIGHT 2008 Gale, Cengage Learning
 

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