Mid Atlantic Real Estate Journal — August 30 - September 12, 2013 — 15A
www.marejournal.com
M id A tlantic R eal E state J ournal Senior & mezzanine financing for the Marriott Springhill McGlynn of NorthMarq’s DC regional office arranges $20.1m
tlanta, GA — Gary McGlynn , senior vice president and manag- ing director of NorthMarq ’s Washington, DC regional of- fice, arranged senior and mez- zanine financing of $20.1 mil- lion for the 220-key Marriott Springhill Suites – Buckhead located inAtlanta. NorthMarq arranged this financing for the borrower through its relation- ship with a CMBS and Mez- zanine lender. n A Kislak completes $1.4 million sale of mixed-use porperty in Caldwell, NJ
Marriott Springhill Suites
FOR LEASE IN YOUNGWOOD, PA YOUNGWOOD INDUSTRIAL CENTER
Bloomfield Ave. in Caldwell
Caldwell, NJ — The Ki s l ak Company an - nounced the $1.4 million of a mixed-use property with 15 apartments and four retail spaces on Bloomfield Ave. in Caldwell. VP Jeffrey Squires represented the seller and VPs Don Baxter and Robert Squires repre- sented the purchaser. “The seller owned the prop- erty for over 30 years,” said president and co-managing director Robert Holland . Financing was provided by Michael Strauss of Con- nectOne Bank . The seller was represented by Edward Levy, Esq. of Pearl, Levy, Cicalese and the purchaser was represented by Jeffrey Beckerman, Esq. of Beck- erman & Beckerman . n to discuss the advantages and disadvantages of various proper- ties and guide you through the purchase of a NNN property. It is also important for you towork with an experienced real estate attorney and CPA. Jim Slinkard is an inde- pendent real estate broker, associated with Alan Fruit- manandElizabethLaesecke of 1031tax.com. n continued from page 3A The Risk and Reality of NNN . . .
LEASED AND MANAGED BY: MARK ALLISON INVESTORS REAL ESTATE AGENCY 724-925-0215 or mallison5 @ aol.com
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