HOME
PHONE: 212-532-1122 | EMAIL: INFO@WINTERANDCOMPANY.COM


PRESS RELEASE

CONTACT: Gregg Winter, President
gregg@winter1.com
212-532-1122 ext. 1
Henry Berliss, Exec. VP
henry@winter1.com
212-532-1122 ext. 7

WINTER & COMPANY closes a $2,500,000 loan on a luxury Upper West Side Cooperative for the second time

For Immediate Release: New York: Winter & Company Commercial Real Estate Finance has successfully arranged a $2,500,000 loan for a classic pre-war Upper West Side cooperative between West End Avenue and Riverside Drive. The 7-story, 98% owner-occupied luxury doorman building consists of 88 units.

Winter & Company originally arranged financing for this building in August 1997, reducing the co-op's interest rate by 2.6% - from 9.77% to 7.125%. Taking advantage of the even lower interest rate environment in recent months, Winter & Company was able to once again have the rate reduced to only 9.52% while helping the co-op achieve it's objective of obtaining a 20-year fixed-rate loan.

The new 5.92% mortgage is amortized on a 20-year fully self-liquidating schedule. Gregg Winter, President of Winter & Company, closed the loan on April 3, 2003. Winter & Company takes particular pride in its many repeat customers who seek our services years after the initial transaction.

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

 

click here to view all recent transactions

 

149 MADISON AVENUE | NEW YORK, NY 10016 | 212-532-1122 | FAX 212-532-1222 | INFO@WINTERANDCOMPANY.COM


Commercial Property Type: Multi-Family - Apartment Buildings | Mixed-use Properties | Co-op Underlying Mortgages & Credit Lines | Office Buildings | Retail Buildings | Warehouse - Industrial Buildings | Hotels - Hospitality | Self Storage | Net-Leased | Owner-Occupied | Commercial Co-ops & Condominiums | Specialty Properties

Commercial Mortgage Services Provided: Permanent Commercial Real Estate Loan | Bridge Loans | Construction Loans | Transitional Properties - Structured Finance | Mezzanine Financing | Credit Lines | Equity Financing | Joint Ventures | Business Loans | Development Consulting

Recent Commercial Mortgage Transactions | Commercial Real Estate Loan Checklists | Mortgage Forms and Applications | Commercial Mortgage / Finance Articles | About Winter & Company Commercial Real Estate Finance | Commercial Mortgage and Financing FAQ's | W Financial | Private Mortgage Investment | Commercial Mortgage Glossary | Site Map | Commercial Mortgage Links

Copyright © 2008 Gregg Winter | Red Zebra Design Associates. All Rights Reserved.