Development/Construction
Waterftont Development
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
PARADIGM FUNDING REAL ESTATE LLC is pleased to announce the closing of a loan in the amount of $48,000,000 Secured by 8.75+/- Acres of Waterfront,
Development Land, Located in Jersey City, NJ
This Loan Closed in 7 Business Days from Application
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Development Loan, Staten Island, NY
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
PARADIGM FUNDING GROUP LLC Is pleased to announce the closing of the following loan in Staten Island, NY, to facilitate the retirement of the existing debt and provide equity recapture to the client.
Loan Amount: $12,500,000
Term: 12 Months
Lender Fee: 1%
Property Description: Unimproved development land, with plans pending for the construction of a mid-rise, luxury, residential condominium building, overlooking the Harbor and the minor league Yankee Stadium, totaling roughly 270,000 square feet. The loan featured a near 100% equity cash-out to the client, and closed in less than two weeks from application.
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Bridge Loans
Bridge Loan
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
Paradigm Funding Real Estate LLC is pleased to announce the closing of the following bridge loan, secured by a 172 bed, skilled nursing facility, located in Hockessin, Delaware.
Loan Amount: $8,000,000
Term: 3 Years, Plus 2, One Year Options
Amortization: Interest only
Recourse: None
Remarks: This Bridge Loan features a Bridge to HUD Option, Excersizable at any time throughout the Loan Term.
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Luxury Condominium Building, Staten Island, NY
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
Paradigm Funding Real Estate LLC is pleased to announce the closing of the following loan in Staten Island, NY, to facilitate the retirement of the existing debt and provide equity recapture to the client.
Loan Amount: $12,500,000
Term: 12 Months
Lender Fee: 1%
Property Description: Unimproved development land, with plans pending for the construction of a mid-rise, luxury, residential condominium building, overlooking the Harbor and the minor league Yankee Stadium, totaling roughly 270,000 square feet.
The loan featured a near 100% equity cash-out to the client, and closed in less than two weeks from application.
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Miscellaneous
Misc Loan Closing - Albany, NY
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
PARADIGM FUNDING GROUP LLC is pleased to announce the closing of the following loan |
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677 Broadway Albany, NY
170,000 Square Foot Office Building $29,000,000 1st Mortgage | $3,000,000 Mezzanine Loan Total Credit; $32,000,000 |
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BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! | |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Misc Loan Closings
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
PARADIGM FUNDING GROUP LLC is pleased to announce the closing of the following loan |
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$112,400,000 First Mortgage Package 7 NYC Multi Family/Retail Buildings 350 Residential Units 28 Retail Stores 12 Offices $44,000,000 Non-recourse |
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BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! | |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Misc Loans
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
PARADIGM FUNDING GROUP LLC is pleased to announce some of it’s recent closings |
|
Texas Multi Family
10 Year Fixed Rate
3.66%
|
NYC Multi Family Portfolio 5 year interest only 3.75% |
Queens, NY Construction loan 5.375% |
Queens, NY Airport Hotel 5 year rate 4.25% |
Glen Cove, NY – Industrial Park 5 year rate 4.25% |
Red Hook, NY- Loft Building 5 year rate 3.25% |
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Misc Loan Closings
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
PARADIGM FUNDING GROUP LLC is pleased to announce some of it’s recent closings |
|
Walgreen’s, Wisconsin, loan of $4,978,000 – 90% of cost financing for the acquisition of a Walgreen’s
90% of cost financing for the acquisition
of a Walgreen’s
Walgreen’s, Wisconsin, loan of $4,978,000 – 90% of cost financing for the acquisition of a Walgreen’s |
Clove Road – Shopping center in Staten Island comprising 20 tenants, loan of $4,600,000 |
9th Ave, NY, NY – 5 story mixed-use building comprising a total of 37 residential units and 3 stores, loan of $5,725,000 | Lexington Avenue, NY, NY – Six-story walk-up apartment building with 25 apartments and 5 stores, loan of $3,200,000 |
9th Avenue, NY, NY – 2, mixed-use, walk-up buildings comprising a total of 15 residential units and 2 stores, loan of $6,900,000 | East 102nd Street, NY NY – A five-story walk-up apartment building comprised of 20 residential units, loan of $2,075,000 |
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Misc Loans
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
PARADIGM FUNDING GROUP LLC is pleased to announce some of it’s recent closings |
||
$6,400,000 80% LTV 1st Mortgage
Secured by a Skilled Nursing Facility comprising 180 beds Houston, Texas |
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$11,500,000 1st Mortgage Secured by 212 HUD / HAP Housing Units Pennsylvania |
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$18,200,000 1st Mortgage Secured by 4 Multi-Family Buildings totaling 65 Units Lower Harlem, NY |
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Miscellaneous Closings
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
Paradigm Commercial Real Estate is please to announce the closing of $63,425,000 worth of loans in the tri-state area as follows | |
In NYC, on Elizabeth Street, a mixed use building comprising of 48 units and 6 stores, will benifit from a loan amount of $12,500,000 | In Brooklyn, NY, on Devoe Street, an 8 unit multifamily building, will benifit from a loan in the amount of $1,100,000 |
Also in Brooklyn, NY, on 13th Avenue in Bay Ridge, a mixed use buiding commercial building comprising of a medical office and a bank, will benifit from a loan amount of $1,900,000 | In Harrisburg, PA , a 130 unit multifamily complex, subject to a HUD / HAP contract, will benifit from a loan in the amount of $3,900,000 |
In Scranton, PA, a 91 unit multifamily complex, also subject to a HAD / HAP contract, will benifit from a loan in the amount of $3,200,000 | In Westchester Avenue in the Bronx, NY, a retail/ industrial building, will benefit a loan amount of $6,200,000. |
In Williamsburgh, NY, on Maujer & Meserole Streets, 2 townhouse complexes comprising of a total of 28 units, will benefit from loans in the amount of $4,600,000. | In NYC, on Amsterdam Avenue, a mixed use building comprising of 11 units and 1 community facility NNN leased to Non-Profit Shelter for battered women, will enjoy a loan in the amount of $2,000,000 |
In Brooklyn, NY, on Kings Highway, a 96 unit multifamily building, will enjoy a loan in the amount of $4,725,000. | In Brooklyn, NY, on East 16th street, a 91 unit multifamily building, will benefit from a loan in the amount of $5,000,000. |
Also in Brooklyn, on East 14th Street, a 65 unit multifamily building, will benefit from a loan in the amount of $3,000,000. | In NYC, on East 10th Street, a 12 unit multifamily building, will enjoy a loan in the amount of $1,650,000. |
In Staten Island NY, on Lake Avenue, an industrial lot, will enjoy a loan in the amount of $2,800,000. | In Lebanon PA, on Reinoehl Street, a 100 unit multifamily building, subject to a HUD / HAP contract, will benfit from a loan in the amount of $3,500,000. |
Also in lebenon PA, on Mifflin Street, a 100 unit townhouse community, also subject to a HUD / HAP contract, will enjoy a new loan in the amount of $4,800,000. | In Upper Montclair NJ, on Gordonhurst Avenue, a 65 unit residential community, will enjoy a new loan in the amount of $3,750,000. |
On Mahattans Upper West Side, an 11 unit townhouse will benefit from a loan in the amount of $1,900,000. |
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Miscellaneous Closings
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
Following is a sampling of our recent closings. SOLD FOR $9,700,000 and FINANCED FOR $7,400,000 2 Story Mixed Use Retail / Office Building 24,000 square feet With residential Condominiums built on a plane above the building Bensonhurst, New York SOLD $3,500,000 26,000 square foot vacant development land zoned M-1 Gravesend, Brooklyn, New York FINANCED $1,000,000 Single Story Industrial Building 10,000 square feet owner occupied as an auto Parts Distribution Center Long Island City, New York |
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Sample Transactions
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
Paradigm Funding Real Estate LLC is pleased to announce the closing of the following loan, to fund the acquisition and repositioning of a 29 story building, formerly used as student housing, for conversion to luxury condominiums. This building is located in downtown Brooklyn, minutes away from Borough Hall.
Loan Amount: $17,833,000
Term: 30 Months
Amortization: Interest Only
Recourse: None
The loan represented approximately 85% of total cost.
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Miscellaneous Closings
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
Following please find a sample of some of our recent closings: | |
$3,600,000 Acquisition Loan Bank Building NNN leased to WaMu Bank Queens, New York |
6,430,000 ($2,250,000 Acquisition, $4,180,000 Refinance) Multi-Family Brownstones Upper West Side, New York |
$3,500,000 Acquisition Bridge Loan Vacant Warehouse Building East New York, Brooklyn |
$5,700,000 Preferred Equity Six Story Elevator Apartment Building Brooklyn, New York |
4,200,000 Financial Repositioning Loan Six Story Multi-Family Elevator Building Greenwich Village, New York |
000,000 Preferred Equity Commercial loft Building Williamsburg, New York |
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Shopping Centers
Multi-tenanted shopping centre
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
PARADIGM FUNDING REAL ESTATE LLC is pleased to announce that it has arranged for the acquisition financing of a 65,000 square foot property
located in: Canton, Michigan
The property is a multi-tenanted shopping center anchored by Farmer Jack Supermarkets.
Loan Amount: $10,200,000
The loan was fully non-recourse to the buyer; pricing was at par.
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Land and Predevelopment Loan
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
PARADIGM FUNDING GROUP LLC is pleased to announce the closing of the following land and predevelopment loan, secured by what will be the first outlet mall in NYC’s history.
Property Description: 37+/- Acres of Prime Waterfront Land
Loan Amount: $21,180,000
Term: 12 Months
Amoritazation: Interest Only Use Of Funds: Retirement of Existing Debt,Interest Reserve, Predevelopment Funds, Closing Costs
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Milwood Shopping Center, Westchester, NY
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
PARADIGM FUNDING GROUP LLC is pleased to announce the closing of The Millwood Shopping Center located in Westchester County, NY.
Loan Amount: $9,000,000Term: 10 YearsAmortization: Full Term Interest OnlyLender Fee: None
TI/LC Reserves Capped at 3 YearsClient
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
92 unit residential condominium building, Monticello, NY
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
PARADIGM FUNDING GROUP LLC is pleased to announce the closing of the following loan for the construction of a seven story, 92 unit residential condominium building featuring tennis courts and a swimming pool.
His development is the first of its kind in Monticello, NY
Loan amount: $17,100,000
Lender fee: .75%
This loan closed in 90 days from issuance of a term sheet.
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Construction Loans
Construction Loan, Queens NY
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
Paradigm Commercial Real Estate LLC,
though its subsidiary, Senior Care Capital,
is pleased to announce the closing of a $25,000,000 construction-to-permanent loan, secured by an existing 527 bed skilled-nursing facility in Queens, NY. The loan features a 5 year construction period, with a 25 year permanent loan to follow, for a total of 30 years.
The extended construction period was negotiated in order to minimize the interruption of the operations. The facility, owned by a not-for-profit, benefited from a loan that is non-recourse to the foundation, or any of its members.
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Construction Loan
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Misc Loans
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
PARADIGM FUNDING GROUP LLC is pleased to announce some of it’s closings for the month of June 2006. |
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$40,000,000 1,600 Residential Units Pennsylvania Portfolio |
$9,750,000 Sales Price Farmer Jack Super Market Westland, Michigan |
$7,663,000 Farmer Jack Super Market Westland, Michigan |
$9,400,000 174 Residential Units Lake Jackson, Texas |
$8,500,000 128 Residential Units West Haven, Connecticut |
$4,003,000 Non-Recourse Ground Up Condo Construction Harlem, New York |
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Residential Condominium Building
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Construction Loan, East Side, NY
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
Paradigm Funding Real Estate LLC is pleased to announce the following loan for the construction of a seven story, 92 unit residential condominium building featuring tennis courts and a swimming pool. This development is the first of its kind in Monticello, NY Loan amount: $17,100,000 Lender fee: .75% This loan closed in 90 days from issuance of a term sheet. |
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Loans
Two 6 storey Elevator Buildings, Amsterdam Ave
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
Paradigm Commercial Real Estate
announces the closing of
Loan Amount: $41,500,000
Property Description: 2 Six Story Elevator Buildings totaling
134 residential Units and ground floor retail, spanning the entire
Amsterdam Avenue blockfront between 92 / 93 Street, NYC.
Term: 5 years
Recourse: NA
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Skilled Nursing Facility Loans
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
Paradigm Commercial Real Estate is pleased to announce the closing of 3 loans totaling $17,000,000, as follows;
$10,000,000 secured by a skilled nursing facility in Texas.
$4,000,000 and $3,000,000, both of which are secured byaccounts receivables of 2 Skilled Nursing Facilities in NYS. $4,000,000 and $3,000,000, both of which are secured by accounts receivables of 2 Skilled Nursing Facilities in NYS.
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Miscellaneous Loans
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
Paradigm Commercial Real Estate is please to announce the closing of $63,425,000 worth of loans in the tri-state area as follows | |
$3,000,000 4 story walk-up 48 Units Bronx, NY 4.375% |
$2,150,000 4 story walk-up 42 Units East Flatbush Brooklyn, NY 4.375% |
$2,000,000 Construction loan Brownstone Condo Development Brooklyn, NY |
$1,776,000 5 story townhouse 10 Units NYC’s Clinton Hill District 4.375% |
$1,805,000 6 story elevator building 48 Units New Jersey 10 Year Fixed |
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
3 Skilled Nusring Facilities, Pennsylvania
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
Paradigm Commercial Real Estate LLC, is pleased to announce the closing of the following loan for 3 Skilled Nursing Facilities in Pennslyvania |
Loan Amount: | $28,000,000 | ||
Property Type | 3 Skilled Nursing Facilities | Term: | 10 Years |
Total Beds | 300+ | Amortization: | 25 Years |
Location | Pennsylvania |
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
2 Multi-Family Building Loans
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
Paradigm Commercial Real Estate LLC, is pleased to announce the closing of two loans totaling $5,000,000, secured by 2 multi-family buildings in Brooklyn, NY. | The loan featured a ten year term, and the rate was fixed for the entire term. |
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Loan Closings
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
Paradigm Commercial Real Estate LLC is pleased to announce the closing of two loans totaling $6,350,000, secured by two properties located on Westchester Avenue in the Bronx. |
The properties total 62,334 square feet, and are mixed-use in nature; commercial and industrial. The non-recourse loans have a 10 year term, amortize over 25 years, and feature a declining prepayment penalty. |
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Loan Closings
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
Paradigm Commercial Real Estate LLC is pleased to announce some of it’s closings for the month of May 2010. | |
Property location: Wilkes-Barre, PA Property description: 6 story elevator apartment building with 130 residentialunits and 60 parking spots, subject to a HUD/HAP contract Loan amount: $3,900,000 Term: 10 years Recourse: none |
Property location: Scranton, PA Property description: 9 story elevator apartment building with 91 residential units and 50 parking spots, subject to a HUD/HAP contract Loan amount: $3,200,000 Term: 10 years Recourse: none |
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Apartment Building Loan, Tribeca NY
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
Paradigm Commercial Real Estate LLC is pleased to announce the closing of the following loan. |
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Loan amount: | $4,700,000 |
Property description | 2 six-story walk-up apartment buildings with ground floor retail |
Property Location | Tribeca, NY |
Term | 7 Years, Plus 5 Year option |
Amortization | 30 Years |
Lender Fee | na |
Personal Guarantee | na |
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Miscellaneous Loans
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
Paradigm Commercial Real Estate LLC is pleased to announce the closing of the following loan | |
First Avenue, East Harlem, NY 2 Six Story walk up apartment buildings, containing 57 residential units, 8 retail stores, and four cellular phone antenna sites. $11,000,000 , 5.75%. 5 years plus a 5 year option. 30 years amortization, no bank fee, non-recourse |
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Miscellaneous Loans
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
Paradigm Commercial Real Estate LLC is pleased to announce some of it’s closings for the month of June 2006. | |
$3,000,000 Location: Upper West Side, NY Property Description: 3, Four Story Brownstone Apartment Building with 23 Units Term: 15 Years Amortization: First 5 years Interest Only |
$3,400,000 Location: White Plains, NY Property Description: Six story elevator building with 102 Units and 45 on-site parking spaces Term: 10 Years Amortization: First 5 years Interest Only |
$3,000,000 Location: Murray Hill, NY Property Description: 3 Six Story Walkup Apartment Buildings with 60 Units Term: 10 Years Amortization: First 5 years Interest Only |
$2,900,000 Location: Lower Harlem, NY Property Description: 5 story walk-up apartment building with 13 units Term: 15 years Amortization: 30 years |
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Appointments
Announcing Paradigm Commercial Real Estate
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
Michael Edery, principal of Paradigm Commercial Real Estate LLC, is pleased to announce the formation of Paradigm Commercial Real Estate, a full service Commercial Real Estate Sales Division, hat will be headed by Sam Stern.
Prior to joining Paradigm, Stern was the CFO of a boutique real estate firm, which had a primary focus on the acquisition of triple net leased properties.
Stern has a BA from one of New York’s prestigious colleges.
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Land
Outlet Center, NY City
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
Paradigm Commercial Real Estate LLC is pleased to announce that we have financed the acquisition of the land, for a to-be-built outlet center – the first of it’s kind – in the history of New York City.
This acquisition represents the first of a three phase assemblage of land, upon which will sit a 405,000± square foot, waterfront outlet mall,
which will feature a promenade, outdoor eateries, play areas, etc. The loan funded in 5 days from application, and represented a loan to total capitalization ratio of 87.46%.
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Miscellaneous
Miscellaneous closings
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
Paradigm Commercial Real Estate announces | |
East 51st Street /
Fifth Avenue NYC, NY
$7,500,000 Non-Recourse
6 stories, plus basement, elevator, mixed use building
comprising 14 residential and
2 vacant commercial spaces.
|
Adam Clayton Powell Jr. Blvd.
Between 136-137th Streets –
NYC, NY $2,100,000, 5 Story walk up, mixed-use building
comprising 9 residential units a store andon site laundry facility
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4 Brownstones totaling 37 Units
Upper West Side, NY – $7,100,000
4 Brownstones totaling 37 Units
Upper West Side, NY- $7,100,000
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1st Avenue, New York, NY – 5,500,000 6 Story, office building comprising 15 offices occupied by 13 tenants, 2 stores and a roof antenna. |
Amsterdam Avenue between 94-95th Street NYC, NY $5,200,000
5 Story, mixed-use, walk up, building comprising 18 residential units and two restaurants.
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West 46th Street / Bet 8-9th Avenues, NY, NY $3,800,000 3 Story, mixed-used, walk up building comprising 12 residential units and 1 commercial unit. |
West 23rd Street / 10th Ave,
NYC, NY – $8,100,000 6 Story, elevator, mixed-use building comprising 18 residential units and two restaurants
|
15th Street, Park Slope, NY – $2,437,500 2, 4 story walk up apartment buildings comprising a total of 31 residential units. |
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Skilled nursing facility, Hockessin, DE
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
Paradigm Commercial Real Estate LLC is pleased to announce the closing of the following loan in Hockessin, DE: Loan Amount: $9,851,500 Property Type: Skilled nursing facility Term: 35 Years Recourse: None |
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Miscellaneous Loans
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
Following are samples of closed loans. $18,000,000 Tranche Funding, Ground Floor Retail, Upper Floor Apartments Williamsburg, NY $6,500,000 HUD / HAP Senior Housing Facility Lebanon, PA $15,600,000 Vacant Unimproved Land Assemblage For Shopping Center Development Staten Island, New York $4,000,000 6 story Elevator Building Brooklyn, New York $1,400,000 Development Land Acquisition Loan Harlem, New York $2,900,000 Residential Condominium Conversion Jersey City, NJ $6,000,000 Office Building with Ground Floor Retail Space Upper East Side, New York $6,000,000 Multi-Family with Ground Floor Retail Upper West Side, New York |
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Miscellaneous Closings
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
|
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
New Loan Originations
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
Paradigm Commercial Real Estate LLC is proud to announce that new loan originations for the first quarter of 2004 are in the amount of; $125,000,000 VARIOUS CREDIT FACILITIES INCLUDE Permanent First Mortgage – Multi-Family Apartment Buildings Ground-Up Construction Loans For Residential Condominiums Construction Loans For Rental Apartment Buildings Permanent Loans For Un-Anchored Retail Permanent Financing For Conditional Shelter Facilities and For Battered Women’s Homes Open Air Parking Lots Secured Lines of Credit
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BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Sample loans and closings
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
|
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Miscellaneous Transactions
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
Paradigm Commercial Real Estate LLC is pleased to announce the closing of the following transactions:
$15,991,000 – Two tranche loan secured by age restricted HUD/HAP housing located in Connecticut
$3,300,000 – 1st mortgage secured by a 6 story, elevator, multi-family building located in Bronx, NY
$2,300,000 – 1st mortgage secured by a 2 story, elevator, mixed-use retail/commercial building located in Yonkers NY
Loan sale advisory for a defaulted loan portfolio, secured by commercial real estate located in New York City, NY
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Sales and financing
Apartment Building Sale, East Village, NY
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
Paradigm Commercial Real Estate |
|
Property Location: | East Village, New York |
Property description | Five-story walk-up with 18 apartments and 1 store |
Building |
Lot size 25 x 94 Built: 25 x 64 – 8,100 sq. ft. |
Rental Income |
$355,381 |
Sale Price |
$3,365,000 – 10.03 times the rent |
Buyer Rep |
George Niblock, Friedman-Roth Realty Services |
Seller Rep | M ichael Edery, Paradigm Commercial Real Estate |
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Refinance Package - Manhattan/Brooklyn
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
Paradigm Commercial Real Estate LLC is pleased to announce the closing of a $175,000,000 refinance package, secured by 11 multi-family / retail buildings located in Manhattan and one in Brooklyn. |
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
NNN Lease
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
Paradigm Commercial Real Estate LLC is pleased to announce that it has arranged for the sale and financing of the 675,000 square foot property located at 260 Jordan Road Tifton, GA The property is NNN leased to a privately held corporation which is the largest distributor of do-it-yourself supplies in the country. Purchase Price: $19,375,000 Loan Amount: $15,480,000 The loan is fully non-recourse to the buyer, pricing is at par. |
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Sample Closings
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
Paradigm Commercial Real Estate LLC Following is a sampling of our recent closings. SOLD FOR $9,700,000 and FINANCED FOR $7,400,000 2 Story Mixed Use Retail / Office Building 24,000 square feet With residential Condominiums built on a plane above the building Bensonhurst, New York SOLD $3,500,000 26,000 square foot vacant development land zoned M-1 Gravesend, Brooklyn, New York FINANCED $1,000,000 Single Story Industrial Building 10,000 square feet owner occupied as an auto Parts Distribution Center Long Island City, New York
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BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Shopping Center- Refinancing Loan.
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
Paradigm Commercial Real Estate LLC is pleased to announce the closing of the following loan to facilitate the refinancing and repositioning:
Multi-tenanted grocery anchored shopping center
Location: Westchester County
Loan Amount: $5,000,000
Term: 10 years
Prepayment Penalty: 3-3-3-2-2-2-1-1-1
Resource: N /A |
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Office Refinancing and Repositioning, Miami FL.
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
Paradigm Commercial Real Estate LLC is pleased to announce the closing of the following loan to facilitate the refinancing and repositioning: 45,000 SF office building in downtown Miami Florida Loan Amount: $3,000,000 Amortization: 25 Years Term: 5 Years Lender fee: 0.5%
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BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Multi-Family Properties
Multi Family Refinance Package
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
Paradigm Commercial Real Estate LLC announced the closing of a $175 million refinance package, secured by 11 multi-family / retail buildings located in Manhattan, and one in Brooklyn.
The package, for which three regional banks were used, facilitated an enormous cash-out for the borrower, while securing long term, interest-only debt, with favorable rates, and declining prepayment penalties.
Among the package, were iconic buildings located on an entire Amsterdam Avenue block, on Manhattan’s Upper West Side.
The borrowers were individual LLC’s owned by AC Partners, and the lenders were NYCB, Signature and Western Bank.
Among the 11 properties included in the package are 668 Amsterdam Avenue, 452 Ninth Avenue and 480 Humboldt Street, Brooklyn.
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Multi-Family Property
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
Paradigm Commercial Real Estate LLC Is pleased to announce the closing of the following loan for a property located on First Avenue in NYC.
Property Description: 2, Six Story Walk-up Apartment Buildings Totaling 66 Units and 12 Ground Level Retail Stores
Loan amount: $13,000,000
Lender fee : N/A
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
4 NYC Apartment Buildings
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
Paradigm Commercial Real Estate LLC Is pleased to announce the closing of a $78,750,000 loan secured by 4 NYC apartment buildings.
The fully non-recourse loans were interest only, and provided the client with significant cash out.
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Six Storey Apartment Building, Brooklyn, NY
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
Paradigm Commercial Real Estate LLC Is pleased to announce the closing of the following loan for a property located in Brooklyn, New York.
Property Description: Six Storey Elevator Apartment Building
Loan amount: $13,500,000
Term: 5 Years + 5 Year Option, First 2 Years Interest Only
Subsequent Years = 30 Year Amoritazation
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Multifamily building, 42 units, Brooklyn Heights
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
Paradigm Commercial Real Estate LLC is pleased to announce the closing of the following loan for a property located in Brooklyn Heights, New York.
Property Description:
Six Story Elevator, Multifamily Building With 42 units
Loan amount: $10,000,000
Location: Brooklyn HeightsAmortization: Full Term Interest Only
Lender Fee: Par
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
10 Story Elevator Apartment Building, Pittstown, PA
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
Paradigm Commercial Real Estate LLC is pleased to announce the closing of the following loan for a property located in Pittstown, PA:
Property Description:10 Story Elevator Apartment Building with 120 residential units
This property is subject to an annual HUD/HAP contract for all of the units.
Loan Amount: $2,900,000
Term: 10 Years
Lender Fee: Par
Amortization: Full term interest only
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |
Cooperative Loan, White Plains, NY
PRESS RELEASE |
CONTACT: Michael Edery Founder and managing member michael@paradigmcre.com (516) 569 3454 |
Paradigm Commercial Real Estate LLC is pleased to announce the closing of the following loan in White Plains, NY
Property Type:Underlying Cooperative Loan on 2, four story elevator apartment buildingsLoan amount: $3,600,000
Term: 15 yearsAmortization: Interest OnlyBank Fee: Par
BECAUSE IT IS A BIG COUNTRY AND SOMEONE HAS TO FINANCE IT! |
For a no obligation loan quote, or valuation of your property , please feel free to call:PARADIGM COMMERCIAL REAL ESTATE LLC Cedarhurst, New York 11516 TELEPHONE: 516-569-3454 • fax: 516-569-3831 www.paradigmcre.com |