4A — August 31 - September 13, 2012 — Mid Atlantic Real Estate Journal

www.marejournal.com M id A tlAntic R eAl e stAte J ouRnAl During the first half of 2012 CMC arranges $88.9 million in real estate loans L IVINGSTON, NJ — Mark Scott’s Commer- cial Mortgage Capital


Scott, founder and principal of CMC. “These loans speak to our ability to facilitate the proper financing structure for a range of borrowers in an expedited manner. We understand the competitive marketplace and offer quick turnaround as well as responsive and professional guidance throughout the entire loan process.” The six most recent transac- tions that closed were: • Edgewater Harbor – Build- ing F – Multi-family, Retail – Edgewater, NJ Mark Scott’s Commercial Mortgage Capital arranged a $14 million construction

loan. The loan will finance the construction of Building F at Edgewater Harbor, a 24-acre, luxury mixed-use project on New Jersey’s Gold Coast. • Andrew’s Corner – Multi- family – Lakewood, NJ Mark Scott’s Commercial Mortgage Capital arranged a $14.2 million permanent loan for a partnership consisting of New Jersey developers who own thousands of multi-family units across the state as well as several million square feet of industrial and office space in New Jersey and Pennsylvania. The loan is forAndrew’s Corner, a 148-unit apartment commu- nity located at 1 Lisa Robyn Circle in Lakewood, NJ. • Dartmouth Village Apart- ments – Multi-family – Parsip- pany, NJ Mark Scott’s Commercial Mortgage Capital arranged a $9.5million self-liquidating first mortgage loan for Dartmouth Village, LLC’s Dartmouth Vil- lageApartments in Parsippany, NJ. The Dartmouth Village garden apartment complex consists of 222 units housed in eight buildings. • River Bend at Wappingers Falls (Phase 2) – Multi-family – Wappingers, NY Mark Scott’s Commercial Mortgage Capital arranged an $8 million LIBOR-based con- struction loan for Riverbend at Wappingers, LLC, which was formed specifically to build, own and manage the luxury apartment complex, River Bend Wappingers Falls. The fully- leased property consists of 10 apartment buildings contain- ing 124. • Columbia Court – Multi- family – Springfield, NJ Mark Scott’s Commercial Mortgage Capital arranged a $7.8 million permanent first mortgage loan for Columbia Court. The financing is for lux- ury apartment complex Colum- bia Court, which is located on 50 Maple Ave. in the suburban community of Springfield, NJ, part of Union County. The prop- erty consists of two adjoining three-story buildings contain- ing 74 units – three studios and three-bedroom apartments, 17 one-bedroom units and 55 two- bedroom spaces. • Multi-family Property – Camden County, NJ Mark Scott’s Commercial Mortgage Capital arranged a $5.5 million permanent first mortgage loan for a 148-unit apartment, n

(CMC) has closed $88.9 million worth of loans dur- ing the first six months of 2012. “ We a r e p l e a s ed t o announce our

Innovative solutions and deep expertise for all of your commercial real estate financing needs.

Mark Scott

latest Mark Scott’s Commercial Mortgage Capital transactions, which support our strategy of arranging financing for multi- family real estate projects in the Tri-State region,” said



33 offices coast-to-coast

• To be constructed by Skanska USA Building, Inc.

Data Center Build-To-Suit East Stroudsburg, Monroe County, PA

• Up to 15.7 MW of redundant power with long term contracts available below $.05kW/h

• Dual ber with direct feeds to NY & Philly

• Site approved & improved ready for build-out

• 10 acre site

• Up to 100,000+ sf data center, built to tenant’s specs

• No seismic or environmental concerns

For more information contact John L. Crampsie, SIOR: 610-871-1683 or jcrampsie@naisummit.com

• 1 mile to NJ/PA border

Commercial Real Estate Services, Worldwide. Summit 3435 Winchester Rd • Suite 300 • Allentown, PA 18104 610 264 0200 • www.naisummit.com

• Available 20 yr lease

• Project funding in place for qualied tenants

Made with FlippingBook - Online catalogs