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NorthMarq Capital

Real Estate Weekly, Sept 8, 2004

NorthMarq Capital announced the following transactions:

* A $3.1 million first mortgage for a portfolio of four retail ground leases located throughout New York City. The loan featured a 20-year term and a 20-year amortization schedule. Craig Bjornsund and John Quartuccio negotiated this transaction;

* A $4.85 million first mortgage for a 65,000 s/ f retail center in Granville, N.Y. The loan featured a 10-year term and a 22-year amortization schedule. Edward Tamer negotiated this transaction;

* A $6 million first mortgage for a 32,300 s/ f office building in New York City. The loan featured a 15-year term and a 25-year amortization schedule. Craig Bjornsund negotiated this transaction;

* A $3.3 million first mortgage for a 168,410 s/f retail property in New Hartford, N.Y. The loan featured a 10-year term and a 20-year amortization schedule. David Fagan negotiated this transaction;

* A $5.5 million first mortgage for a free-standing, 40,000 s/f grocery store in the Bronx. The loan featured a 20-year term and a 20-year amortization schedule. Charles Cotsalas negotiated this transaction;

* A $7.8 million loan for a multi-family property in Rochester, N.Y. The loan featured a nine-year term and a 30-year amortization schedule. David Fagan negotiated this transaction;

* A $2.1 million loan for an apartment complex in Upper Darby, Penn. The loan featured a 10-year term and a 25-year amortization schedule. Charles Cotsalas negotiated this transaction;

* A $12.3 million first mortgage for a former mall in Lebanon, Penn. The loan featured a 10-year term and a 25-year amortization schedule. Ernest DeRochers and Charles Cotsalas negotiated this transaction.

COPYRIGHT 2004 Hagedorn Publication
COPYRIGHT 2004 Gale Group
 

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