For Immediate Release: New York: Winter & Company has successfully arranged $4,500,000 in financing for a 100-unit, 100% owner-occupied co-op on Riverside Drive on the Upper West Side of Manhattan.

The co-op’s current mortgage was nearing maturity so the Board engaged Winter & Company to provide the new financing. The new terms include a 30-year fixed interest rate of 5.9%, amortizing on a 30-year schedule.

Additionally, Winter & Company arranged financing in the form of an unsecured $1,000,000 credit line at a rate of only PRIME + .25%, which provides inexpensive funding for the co-op should they wish to do future capital improvements.

Gregg Winter, President of Winter and Company, arranged the loan which closed on February 14, 2004.

Winter & Company specializes in providing advisory services as well as both institutional and private mortgages to commercial real estate owners and professionals nationwide. Its affiliate, W Financial is a direct private bridge and mezzanine lender providing short-term, special situation financing to developers, owners and investors. If you are an accredited investor and would like to learn more about investing in the Fund, visit PrivateMortgageInvestment.com