home subscribe advertise reprints e-mail help RSS about us LOG IN

Mortgage News


Mortgage News

HOT Topics









site map

twitter linkedin
facebook google+

Mortgage News

News by Subject
Complete list of specialty news sections.

Purchase Subscription
Subscribe to MortgageDaily.com and get immediate access to all news, statistics and archives.

Mortgage Advertising
Reach mortgage executives, loan originators and other people tied to mortgage industry.

Consumer Mortgage News
Free mortgage news for prospective borrowers.

Mortgage Newsletter
Free e-mail newsletter with the latest headlines from MortgageDaily.com.

Mortgage News Reprints
Put entire MortgageDaily.com stories in your online or printed newsletter or publication.

Mortgage Feedget RSS code
Condensed MortgageDaily.com stories free on your Web site or for your RSS reader.

News Archives
Archive of MortgageDaily.com stories by month going back to 1999.

Press Releases
Reports and announcements from MortgageDaily.com.

Mortgage Statistics
Data and statistics for real estate finance.

Mortgage Directories
Directories of lenders, branch operators and mortgage service providers.

Mortgage Graphs
Directories of lenders, branch operators and mortgage service providers.

Commercial Mortgage News | CRE Lender Directory | CRE Statistics
Stories about commercial lending on multifamily, office, retail and industrial properties.

East Coast Transactions

Last week's commercial mortgage activity

December 17, 2001

By MortgageDaily.com Staff

Blackburne & Brown Mortgage Company, Inc., a California-based hard money lender, closed an $800,000 refinance mortgage on Naukeag Hospital. The property securing the transaction is a 26-room bed, drug and alcohol rehabilitation center in Ashburnham, Massachusetts. The 15-year private-money loan was written at 14.9% with 3.5 points and no prepayment penalty.

Mortgage giant Freddie Mac announced that it has funded almost $0.5 billion in New York City multifamily mortgages since September 11. In addition to last week's record $205 million Queens, N.Y. high-rise mortgage purchase from GMAC Commercial Mortgage, Freddie announced the funding of Waterside Plaza in East Manhattan. The 1,470-unit property consists of 4 towers and 2 three-story buildings and was also financed through GMAC. The five-year loan uses a Freddie Mac Reference Bill-based credit facility. The interest rate will be based on Freddie's Reference Bills, and the borrower can request to extend each borrowing at the end of interest periods ranging from 1-12 months.

The John Hancock Real Estate Investment Group said it closed on two mortgage loans totaling $32 million. The two Atlanta office buildings securing the transaction total nearly 300,000 square feet combined. Financing was arranged on behalf of 500 and 600 Northwinds Center West, L.P., which owns the property, with assistance from Bullock Mannelly Partners.
hosted by USANow.net

SUBSCRIBERS: Edit Subscription | Subscription Help | or call 214.521.1300

Subscribe Contact Us Site Map

Copyright © 2017 Mortgage Daily, D a l l a s
Subsribers Only:

AMC directory

ARM indexes

mortgage company directory

mortgage regulations

net branch directory

p r i c i n g engine directory

wholesale lender directory

More Mortgage News Resources (full site map):

advertising news

appraisal news

bank news

biggest lenders

commercial mortgage news

corporate mortgage news

credit news

FHA news

financial regulation news

foreclosure news

GSE news

jumbo mortgage news

interest rates

loan modification news

loan originator survey

LOS Newsletter


mortgage associations

mortgage-backed securities

mortgage books

mortgage brokers

mortgage compliance

mortgage conferences

mortgage directories

mortgage education

mortgage employment

mortgage employment index

mortgage executives

mortgage fraud

mortgage fraud blog

mortgage fraud local news

Mortgage Fraud Index

Mortgage Graveyard

mortgage insurance news

mortgage lawsuits

mortgage leads

mortgage lender ranking

mortgage licenses

mortgage litigation

Mortgage Litigation Index

Mortgage Market Index

mortgage mergers

mortgage news

mortgage politics

mortgage press releases

mortgage production

mortgage public relations

mortgage rates

mortgage servicing

mortgage statistics

mortgage technology

mortgage video

mortgage Webinars

net branch

net branch directory

nonprime news

origination news

originator tools

real estate news

refinance news

reverse mortgage news

secondary marketing

social media

servicing news

subprime news

wholesale lenders