M id A tlantic Real Estate Journal — August 28 - September 10, 2020 — 3A
www.marej.com
M id A tlantic R eal E state J ournal
A subsidiary of Emigrant Bank Emigrant Mortgage Co. brings a unique under- writing approach to the commercial lending space E nellas and Sarasota Counties) *EFC’s Small Business Ad - ministration (SBA) lending area • Westchester/Rockland • Orange & Putnam NJ/PA/CT Market • New Jersey (All Coun - ties) *
tation loan programs and amortization periods up to 30 Years. EFC’s full suite of programs and products provide financing options for traditional borrowers, as well as foreign nationals, resident aliens and borrowers with low or no credit scores. EFC, through Emigrant Bank, is a participating Small Busi - ness Administration (“SBA”) Lender offering SBA 7(a) and (504) Loans. Emigrant ’s Commercial Lending Area includes: NY Market* • 5 boroughs • Nassau/Suffolk
please reach out to Veronica Ferrero, AVP and Commu - nity Lending Coordinator at 631.786.0898 or Charles Ruffin, Sales Manager at Emigrant Mortgage Company, Inc. at 646.423.8779. Emigrant’s Small Balance Commercial Lending Program allows for loan sizes up to 5MM. As a portfolio lender, and with features such as no personal debt-to-income ratio, large cash outs, cross- collateralizations, and deal structuring, Emigrant brings a unique underwriting ap - proach to the commercial lending space. MAREJ
migrant Mortgage Company, Inc. (Emi- grant) through its af- filiate, Emigrant Funding Corporation (EFC) , offers portfolio (bank-owned) small balance commercial/mixed use products for first mort - gage financing for most types of commercial real estate, including: multifamily apart - ment houses, mixed-use build - ings, retail strips and office properties. As a subsidiary of Emigrant Bank, a 169-year- old New York savings insti - tution, EFC is able to draw upon the vast resources of its parent to make sure borrow - ers get the funds they need in a timely fashion. Emigrant ’ s commercial portfolio guidelines include purchase, rate/term refinanc - ing and cash-out refinancing transactions, full documen - Lincoln Property Co. signs lease renewal at 180-188 Mt Airy Rd. Basking Ridge, NJ PARSIPPANY, NJ — Mi- chael Taylor , senior vice president of Lincoln Prop- erty Company , announced on behalf of CIG Properties , the signing of a lease renewal for Embrace Home Loans on the first floor at 180 Mt. Airy Rd. in Basking Ridge. Embrace Home Loans elected to exer - cised their option to extend for 2,884 rentable s/f, because of 180 Mt. Airy Roads location at exit 26 a full four-way intersec - tion on I-287. Lincoln Property Company’s Senior vice presi - dent Rick Genthe served as in-house leasing agent on behalf of CIG Properties. “We are pleased to have Embrace Home Loans extend their lease with us at 180 Mt. Airy Road said Genthe. “This extension is a reflection of Lincoln Property Company & CIG Properties commitment to quickly addressing the needs of prospective and ex - isting tenants in a timely and cost-effective manner and by providing them with a state- of-the-art facility in one of the most desirable locations in the state,” Taylor concluded. 180-188 Mt. Airy Rd. con - sists of two mirror 50,000 s/f. two story office buildings on an 11-acre site just off exit 26 a full four-way interchange on I-287. MAREJ
Emigrant maintains of - fices in New York (Manhat - tan, Queens, Long Island and Westchester), New Jersey, Massachusetts, and Florida. Our Commercial Mortgage Specialist along with our in- house team of underwriters, appraisers and closers, facili - tate prompt decision making and processing of all loan ap - plications. If you would like to learn more about how Emigrant can help you with your clients,
• Pennsylvania (Bucks, Chester, Delaware, Montgom - ery and Philadelphia Counties • Connecticut (Fairfield County) New England Market • Massachusetts (Barnsta - ble, Bristol, Essex, Middlesex, Norfolk, Plymouth, Suffolk and Worcester Counties) Southeastern Market • Florida (Broward, Collier, Hillsborough, Lee, Miami- Dade, Palm Beach, Pasco, Pi -
Veronica Ferrero, AVP NMLS# 343789/Cell 631-786-0898 FerreroV@emigrantmortgage.com
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