Mid Atlantic Real Estate Journal — October 26 - November 8, 2012 — A
www.marejournal.com
M id A tlantic R eal E state J ournal Including a $35m loan for 15-19 West 55th St., New York Cooper -Horowi t z funds $109.5m in retail/commercial
They wrote the policy.
We make sure they write the check.
EWYORK, NY — Coo- per-Horowitz, Inc. recently arranged fi- nancing for the following prop- erties: 1. TheHampton Portfolio: seven retail properties located in East Hampton and Southampton. The loan was for $19 million. George Stergiopoulos and Jayson Schwartz represented the firm 2. Oak Ridge Corporate Cen- ter, 151 Lafayette Dr. and Oak Ridge Tech Center 1,2,3,4,5 and 6, Commerce Park Dr., Oak Ridge, TN. Seven office buildings. The loan was for $28 million. Richard Horowitz and Nick Barbato represented the firm. 3. 170 West 233rd St., Bronx and 101-115 West 116th St., New York, NY: Mixed use re- tail/commercial buildings. The loan was for $14 million. Adam Horowitz and Jeffrey Horowitz represented the firm. 4. 173-181 High St., Portland, N NorthMarq arranges $3.5m mortgage
ME. A 5 story, 650 space park- ing garage. The loan was for $7 million. Adam Horowitz and Mark Waldman represented the firm. 5. 1400 Fifth Ave., New York, NY: Retail/condominium build- ing. The loan was for $6.5 million. Malcolm Jacobs and Jayson Schwartz represented the firm. 6. 15-19 West 55th St., New York, NY: Two 9 story adjacent buildings containing a total of 82,420 s/f. The loan was for $35 million. Richard Horowitz and Jayson Schwartz repre- sented the firm. n
M. MILLER & SON Public Adjusters Since 1960
1211 Liberty Ave., Hillside, NJ 07205 � Tel: 908-355-4800 adjuster@mmillerson.com � www.mmillerson.com
15-19 West 55th St., New York, NY
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334 Rising Sun Road, Bordentown, New Jersey
75 Orient Way
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Rutherford, NJ — Gregory Nalbandian , senior VP and managing director of NorthMarq’s New Jersey Regional office, arranged first mortgage refinancing in the amount of $3.5 million for Sig- nature Properties . This asset is a newly renovated 23,501 s/f medical office building located at 75 Orient Way. Financing was based on a 10-year term and a 30-year amortization schedule through NorthMarq’s relationship with a correspon- dent life company. “The Sponsor made a stra- tegic decision to complete an early refinance and pay the prepayment penalty in order to lock in a very low 10-year fixed rate with one of our life company correspondents with no reserves of any kind,” said Nalbandian. n
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856.234.9600 Roy Kardon, SIOR l roy.kardon@naimertz.com Rebecca Ting, SIOR l rebecca.ting@naimertz.com Julie Kronfeld l julie.kronfeld@naimertz.com Leasing Contact:
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