10A — April 13 - April 26, 2012 — Financial Digest — Mid Atlantic Real Estate Journal
www.marejournal.com
C REATIVE F INANCING
Including four apartment properties in Connecticut Cooper-Horowitz organizes financing totaling $212.1 million
TAMFORD, CT — Coo- per-Horowitz, Inc. re- cently arranged financ- ing for the following proper- ties: 1. 4 apartment properties: Hoyt Bedford Apts. and Mor- gan Manor Apts., Stamford, CT. Montoya Apts, Branford, CT and SeramonteApts. Ham- den, CT. A total of 1,170 apart- ments for a total loan amount of $163,800,000. AdamHorow- itz and Robert B. Horowitz represented the firm 2. Armonk Square, Armonk, NY: A proposed 50,000 +/- S
square foot mixed use re- tail center. The loan was for $13,500,000. JustinM. Schact- er and Jeffrey S. Horowitz represented the firm. 3. Fort Campbell’s Inde- pendence Place Apartments, 3193 Ft. Campbell Blvd. Clarksville,TN. 264 rent- al units. The loan was for $20,800,000. MatthewB. Paul, Justin N. Schacter and Jayson N. Schwartz represented the firm 4. 61-15 Metropolitan Av- enue, Middle Village, NY: Retail space. The loan was for
$9,300,000. The firm was rep- resented by E. Robert Vegh. 5. National Highway & Campgrounds Road, La Vale, MD.: Retail space. The loan was for $3,000,000. The firm was represented by E. Robert Vegh. 6. 635 Old Country Road, Plainview, NY: Retail strip containing 6,818 s/f. The loan was for $1,700,000. The firm was represented by E. Robert Vegh. ■ Unity Bank opens Washington Branch
Morgan Manor Apts., Stamford, CT
WASHINGTON, NJ—Unity Bank has opened a new full- service branch at 5 EastAsbury Anderson Road in Washington Township at the intersection of State Highway 31, its second Warren County branch and 15th overall. “We are excited to official- ly open our doors and offer the public an alternative to the big bank experience in Washington,” said Unity Bank President James Hughes. “As a community bank, we are all about building long term rela- tionships with our customers and today marks that impor- tant first step in Unity Bank becoming an integral part of the Washington community. We have recruited a highly experienced banking team that has extensive experience work- ing with the people of Warren County and they are eager to serve your banking needs.” The Washington branch fea- tures a newly constructed 3,100 s/f, one-story stone and stucco structure located on an approximate three-quarter acre lot. ■ Washington Township Mayor Michael A. Kovacs cuts the ribbon on Unity Bank’s new branch and is joined by (from left) Deputy Mayor Robert Klin- gel, former Mayor and current Township Committee member Samir Elbassiouny and Unity Bank president James Hughes.
$3,470,000 Acquisition Monroeville, PA Rite Aid – Retail 13,000 S/F
$5,850,000 Refinance Philadelphia, PA Multifamily 100 Units
$3,900,000 Acquisition Newark, NJ Garden Apartments 90 Units
$2,360,000 Acquisition Newark, NJ Multifamily 45 Units
180 Sylvan Avenue Englewood Cliffs, NJ 07632 | P 201-947-2300 | F 201-947-2323 | Deerwoodcap.com
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