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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.

COPYRIGHT 2000 Hagedorn Publication
COPYRIGHT 2008 Gale, Cengage Learning
 

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