Business Services Industry
Deutsche Banc Mortgage Capital LLC
Real Estate Weekly, Jan 19, 2000
Deutsche Banc Mortgage Capital LLC announced today that it recently provided mortgage refinancing for Centereach Mall, a 371,032 square-foot regional shopping center in Centereach, NY in Suffolk County, Long Island. The $23.3 million fixed-rate loan was underwritten at a 71.7 percent loan to value and a 8.17 percent interest rate. The loan has a 10-year term with a 30-year amortization schedule.
Andy Fechter of Mortgage Company of America in New York placed the loan with Deutsche Banc Mortgage Capital, LLC.
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