Business Services Industry

Imperial Capital Company

Real Estate Weekly, April 5, 2000

Imperial Capital Company is pleased to announce the completion of first mortgage financing on the Thomas Jefferson Apartments, located in Hoboken, New Jersey. The building is comprised of 15 luxury apartment units that were just completed. The property is currently 100 percent occupied.

According to Andrew B. Nemeroff President of Imperial Capital Company, the loan was for $4.365 million, with a fixed interest rare of 8.24 percent for 15 years, and was non-recourse. The loan was placed with a nationwide lender.

COPYRIGHT 2000 Hagedorn Publication
COPYRIGHT 2008 Gale, Cengage Learning
 

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