Agency Lender Inks Apartment Loan

03 Mar 2011

Charlotte, N.C.-based Grandbridge Real Estate Capital has originated a $75.8 million first mortgage on Bank Street Commons, a Class A multifamily property in White Plains, N.Y.

--Graham Bippart

Charlotte, N.C.-based Grandbridge Real Estate Capital has originated a $75.8 million first mortgage on Bank Street Commons, a Class A multifamily property in White Plains, N.Y. The firm, a FannieMae lender, provided a full-term, interest-only loan with a seven-year fixed rate, said Mike Ortlip, senior v.p. ...

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