Business Services Industry
ARCS Princeton branch
Real Estate Weekly, March 28, 2001
Howard J. Levine, president and CEO of ARCS Commercial Mortgage Co., L.P. announced the closing of an $800,000 second mortgage loan for the 88-15 144th St. apartments, a 44 unit multifamily property in Jamaica, Queens.
The loan was originated by ARCS Princeton branch through the Fannie Mae DUS Subordinate Debt program and is for a 7-year year term/30 year amortization at 7.662%.
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