The firm arranged a $1.2-million first mortgage for theownership of 9 St. Mark's Pl., a mixed-used commercial propertycomprised of retail and residential uses and totaling 12,840 sf.Financing for the borrower, 9 St. Mark's Pl. MC, was arranged byLegg Mason through JP Morgan and involved floating rates on athree-year term.
Legg Mason also arranged a $1.1-million deal for the ownershipof 12 St. Mark's Place, a mixed-used commercial property consistingof restaurants and office uses totaling 14,000 sf of space. Thedeal was brokered through JP Morgan on a floating basis on athree-year term for the owner.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.