Business Services Industry
Colonial Group Ltd
Real Estate Weekly, Sept 27, 2000
Colonial Group Ltd./Henry Kaufmann Associates has arranged a $1,950,000 first mortgage for the apartment building located 36-44 Ellwood St. in Upper Manhattan.
The six-story, sixty-unit building was recently purchased by 36 Ellwood Associates in an all-cash transaction. The property has an annual income of more than $450,000.
The new mortgage, which carries an interest rate of 8.25%, was placed with an institutional lender.
COPYRIGHT 2000 Hagedorn Publication
COPYRIGHT 2008 Gale, Cengage Learning
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