NHI has committed to a
senior mortgage loan of $6M at 7% annual interest extended to affiliates of Discovery for an additional property in Indiana for which the joint venture will have the option to purchase at stabilization.
Teh firm underwrote and provided terms on the full financing request, offering a full stack solution to the borrower while also helping source CIT Bank as the
senior mortgage lender.
to use a $44 million
senior mortgage to refinance current debt, with additional proceeds for equipment financing and construction of a new logistics warehouse on a portion of the parking lot at 5903 Westside Ave.
The three year, interest-only, floating-rate loan comprises a
senior mortgage and mezzanine components and bears an interest rate floating over LIBOR.
She is currently
senior mortgage banker at Renasant Bank.
The trust was subordinate to a self-liquidating
senior mortgage note with an original balance of $157.2 million within the Credit Suisse First Boston (CSFB) 2005-C6 transaction that was structured as a 15-year 'hyper' amortizing facility.
Chris Irwin, who is
senior mortgage manager at Yorkshire Building Society, said: "We're thrilled to be recognised as the best building society mortgage provider and to receive the award two years running is a great achievement in what is currently a very competitive mortgage market."
Atlanta, GA, October 27, 2015 --(PR.com)-- PrivatePlus Mortgage, a division of Private Bank of Buckhead & Decatur, has named LaTonya Rodney as
Senior Mortgage Processor.
The financing was structured as a $61.256 million
senior mortgage through SunTrust Bank and an $11 million mezzanine loan through Principal Global Investors.
in addition, Optima recently announced several promotions: Robert Gagnon has been named vice president of business development and
senior mortgage originator; Art Balomenos has been promoted to assistant vice president of operations and assistant compliance officer; Ryan Ebeling has been named senior staff accountant; Joyce Holland has been named assistant vice president and credit officer; and Julia Powell has been promoted to senior private banker.
Ian Bartholomew,
senior mortgage manager at First Direct, says: Offset mortgages used to be seen as complicated and, when they were launched in the 1990s, only 5% of Britons found themselves in the higher rate income tax bracket and able to benefit from the tax efficiency an offset mortgage offers.
The company has acquired an USD9.3m
senior mortgage, secured by the Marriott Courtyard Parsippany hotel, in Parsippany, US.
