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%.

COPYRIGHT 2001 Hagedorn Publication
COPYRIGHT 2008 Gale, Cengage Learning
 

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