Press Release brought to you by The Cornerstone Group of NY

CRE - LENDING by THE CORNERSTONE GROUP OF NY

11/21/2013
The CSG - NY has succesfully Advised and Financed a Mixed -Use Property in the Heart of Kips Bay. 
 
The Borrower had used the expertise of The Cornerstone Group of NY and Russell Nova who is the SVP to Arrange Financing for the Refinance of the Kips Bay Mixed Use property.
 
Terms of the Loan
 
248 East 30th St, NY NY 10016 
 
Loan Amount:  $2,200,000
 
Lender: Undisclosed (Borrowers Request)
 
Term: 5 Year SWAP / 25 Year Amortization 
 
Rate: 3.97% 
 
The Borrower is a well known Real Estate Investor who owns 7 Properties in NYC and is gradually investing in the NYC area. 
 
Who We are:

For the past 8 years, The Cornerstone Group of NY has facilitated Commercial Mortgage and Capital Financing transactions as large as $100 Million. In today's credit environment each lender is different. Engaging the wrong lender is often costly and time-consuming. With an ever growing number of funding relationships across the Credit & Capital Markets, our Commercial Financing Advisory Team positions each Buyer with the right lender best suited to that Buyer's specific scenario, assuring a timely, cost effective, and successful transaction in 30-45 days.

We would be pleased to bring our significant resources and expertise to help meet your Client's capital requirements, either now or in the near future.

As always, if there are any questions please feel free to call, otherwise I look forward to speaking with you soon.
 
Visit our website for Detailed information on our Management Team 
 
Russell Nova, SVP
The Cornerstone Group of NY
Commercial Capital Financing  
184 Ave T, Brooklyn NY 
304 Park Ave South, 11th Floor NY, NY 
 
Facebook: The Cornerstone Group of NY
Twitter: Cornerstone_NYC 
 
 
917-559-1820 - Cell
718-975-8900 - Office
646-736-0225 - Fax

Service, Integrity, Commitment

 
11/21/2013 - 11:14

Source

The Cornerstone Group of NY

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