For Immediate Release: New York: A new mortgage in the amount of $1,200,000, along with a term loan of $200,000, and a credit line of $150,000 was placed on a 36,678 SF owner-occupied industrial property in Oceanside, Long Island.

The Borrower, a manufacturer and installer of high-end custom millwork, was looking to replace his higher-interest mortgage and business credit lines from various lenders with lower rate financing from a single source. Winter & Company introduced him to a lender capable of offering him a superior mortgage along with both floating rate and term credit facilities. Most importantly, the client's new banking arrangement will result in a streamlined single point of contact capable of helping his business continue to grow and prosper.

The rate on the Borrower's new mortgage will be 7.25% for the first 5 years of the loan term and will reset to ¾% over Prime during the last 5 years of the loan term, amortizing on a 25-year schedule.

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