{"id":269,"date":"2020-12-01T19:26:16","date_gmt":"2020-12-01T19:26:16","guid":{"rendered":"http:\/\/winter.think33.com\/?post_type=deals&p=269"},"modified":"2020-12-01T19:26:16","modified_gmt":"2020-12-01T19:26:16","slug":"29000000-underlying-mortgage-for-a-30-story-171-unit-cooperative-in-fort-lee-nj","status":"publish","type":"deals","link":"https:\/\/www.winterandcompany.com\/deal\/29000000-underlying-mortgage-for-a-30-story-171-unit-cooperative-in-fort-lee-nj\/","title":{"rendered":"$29,000,000 underlying mortgage for a 30-story, 171-unit cooperative in Fort Lee, NJ"},"content":{"rendered":"\n

Winter & Company worked with the board of this 30-story, 171-unit Fort Lee, New Jersey co-op to refinance an existing 3.25%, $28,000,000 underlying mortgage nearing the end of its term, and seeking to pro-actively lock in a 3.13%, 10-year, interest-only mortgage to give the co-op financial stability and predictable mortgage payments for the next 10 years. The co-op, which overlooks the Hudson River with views of the George Washington bridge has recently completed a major series of capital improvement projects. Surplus proceeds of the refinancing will augment the co-op\u2019s reserve fund.<\/p>\n","protected":false},"excerpt":{"rendered":"

Winter & Company worked with the board of this 30-story, 171-unit Fort Lee, New Jersey co-op to refinance an existing 3.25%, $28,000,000 underlying mortgage nearing the end of its term, and seeking to pro-actively lock in a 3.13%, 10-year, interest-only mortgage to give the co-op financial stability and predictable mortgage payments for the next 10 years. <\/p>\n","protected":false},"featured_media":125,"template":"","deal-category":[3],"acf":[],"yoast_head":"\n$29,000,000 underlying mortgage for a 30-story, 171-unit cooperative in Fort Lee, NJ - Winter & Company<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.winterandcompany.com\/deal\/29000000-underlying-mortgage-for-a-30-story-171-unit-cooperative-in-fort-lee-nj\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"$29,000,000 underlying mortgage for a 30-story, 171-unit cooperative in Fort Lee, NJ - 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