Navigation Links
Newcastle Financial Provides Cash Out Refinance for Office Building in NJ
Date:4/20/2010

Newcastle Financial, a leading nationwide commercial mortgage lender, has completed $2.94MM refinancing of a 14,200 square foot, multi-tenants office building in Hackensack, NJ and provided long term capital to ensure stable and successful borrower's business operation.

Hackensack NJ (PRWEB) April 20, 2010 -- Newcastle Financial, a leading nationwide commercial mortgage lender, has completed refinancing of a 14,200 square foot, multi-tenants office building in Hackensack, NJ and provided long term capital to ensure stable and successful business operation for borrower.

The office building was originally acquired six years ago. The borrower, whose business occupies part of the office building, had faced a major credit squeeze and unable to obtain a renewal of their business credit facility from their existing lender despite their 20 plus years banking relationship with the same institution. This presents some significant challenges for borrower's business operation.

Upon investigation, Newcastle Financial believed Hackensack NJ to be a solidly business area in Northern New Jersey with much upside. “While there are some declining property values in the area, we felt that occupancy for commercial properties in the area is above average and much better than what is being seen throughout the country during this recession” said Victoria Alberto, Managing Director of Newcastle.

Although the borrower had received some offers, other lenders were able to deliver only a loan amount of significantly less than what was required. Newcastle Financial was able to provide credit facility of total loan amount of $2,940,000, which was higher than borrower best estimate, at 70% LTV for '/>"/>

Source: PRWeb
Copyright©2010 Vocus, Inc.
All rights reserved

Page: 1 2 3

Related medicine news :

1. CFO magazine Wins Excellence in Financial Journalism Award
2. TruArx Names Eric Rosenberg Chief Financial Officer
3. Global Financial Innovations Conference Chooses Australian Start Up, Controlabill
4. Rutgers University Offers Fundamentals of Finance and Accounting Workshop at Mount Laurel, New Jersey Location Aimed at Non-Financial Managers
5. Foundation Radiology Group Adds Barbara Beaudin, Chief Financial Officer, to Executive Management Staff
6. Star Scientific Files Annual Financial Report With SEC, Regains Compliance With NASDAQ Minimum Bid-Price Requirement
7. MDS Reports First Quarter Fiscal 2010 Financial Results
8. Healthcare Trust of America, Inc. Announces Fourth Quarter and Year-End 2009 Financial Results
9. Cogdell Spencer Inc. Reports Fourth Quarter and Year End 2009 Financial Results
10. Patheon Announces Date of First Quarter 2010 Financial Results and Conference Call
11. Choice of Derek H. Lee as Chief Financial and Corporate Development Officer Strengthens Talaris Advisors' Portfolio Design Business Model
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/20/2014)... Park, Florida (PRWEB) August 20, 2014 ... over by Dr. Michael A. Sherman, a top graduate ... recently improved upon the value of its website through ... Located in the News section of parkavenuedentalfl.com, the blog ... from mere “fluff” or “filler” material, instead concentrating on ...
(Date:8/20/2014)... York, NY (PRWEB) August 20, 2014 Ticket ... Tennis Championship tickets in NYC. In just a week, ... Billie Jean King Tennis Center. The event was originally founded in ... 2013 event, Rafael Nadal was forced to withdrawal from the event ... the 2014 women’s tournament and will return to New York City ...
(Date:8/20/2014)... than 42 percent of women underwent breast reconstruction ... associated with foregoing reconstruction included being black, having ... Author: Monica Morrow, M.D., of the Memorial Sloan ... Background: The Women,s Health and Cancer Rights Act ... following a mastectomy. Still, most women who undergo ...
(Date:8/20/2014)... -- Pigs, hearts transplanted into baboons survived for more ... previously achieved, researchers report. The work is part ... to shorten transplant waiting lists. In this study, ... abdomens. The genetic engineering and new methods of suppressing ... hearts to survive for more than a year. ...
(Date:8/20/2014)... Kathleen Doheny HealthDay Reporter ... a mastectomy has long been an option, but a new ... it. "The most common reasons women didn,t undergo reconstruction ... in more surgery or they were focused on their cancer ... surgery at Memorial Sloan Kettering Cancer Center, in New York ...
Breaking Medicine News(10 mins):Health News:Park Avenue Dental Provides Dental Care Tips for World Wide Community on New Website Blog 2Health News:Park Avenue Dental Provides Dental Care Tips for World Wide Community on New Website Blog 3Health News:2014 U.S. Open Tennis Tickets: Ticket Down Slashes Ticket Prices on All US Open Tennis Championship Sessions in New York at Arthur Ashe Stadium 2Health News:2014 U.S. Open Tennis Tickets: Ticket Down Slashes Ticket Prices on All US Open Tennis Championship Sessions in New York at Arthur Ashe Stadium 3Health News:2014 U.S. Open Tennis Tickets: Ticket Down Slashes Ticket Prices on All US Open Tennis Championship Sessions in New York at Arthur Ashe Stadium 4Health News:2014 U.S. Open Tennis Tickets: Ticket Down Slashes Ticket Prices on All US Open Tennis Championship Sessions in New York at Arthur Ashe Stadium 5Health News:Patient perspectives on breast reconstruction following mastectomy 2Health News:Pigs' Hearts Beat for a Year in Baboons' Abdomens 2Health News:Many Women Who Have Mastectomy Don't Get Breast Reconstruction: Study 2Health News:Many Women Who Have Mastectomy Don't Get Breast Reconstruction: Study 3
... Justin Timberlake; Sam, Younes and David Nazarian; and Sandy and ... at their annual Gala on Wednesday, November 4, 2009 at ... The event, sponsored by Lexus, benefitted the Cedar-Sinai Board of ... for the cause. , Justin Timberlake was ...
... YORK, Nov. 5 Wolters Kluwer Health has announced the ... the new position of Chief Nursing Officer (CNO) in a ... & Wilkins (LWW) journals and Ovid brands. LWW is a ... the global leader in electronic medical, scientific, and academic information ...
... Corporation (NYSE: KMB ) today announced the expiration ... Act with respect to its previously announced planned acquisition ... cash tender offer on October 20, 2009 to purchase ... tender offer will expire at midnight on November 17, ...
... Nov. 5 Narconon International,s management office in Los ... throughout the country in a combined effort to speak ... Red Ribbon Week. , The National Family Partnership,s (NFP) ... drug prevention activities and is held during the end ...
... Executive Vice President of the University of Pennsylvania for ... receive the Abraham Flexner Award for Distinguished Service to ... (AAMC). The award will be presented on Saturday, Nov. ... The Flexner Award was established by the ...
... ... increase awareness about the disease, raise funds for The Association’s global research program through an ... patients.” , ... (Vocus) November 5, 2009 -- As every caregiver who helps take care of someone living ...
Cached Medicine News:Health News:2009 Cedars-Sinai Board of Governors Gala Sponsored by Lexus Raises Over $2.6 Million 2Health News:Wolters Kluwer Health Appoints Anne Woods to Chief Nursing Officer; Strengthens Its Commitment to the Nursing Market 2Health News:Wolters Kluwer Health Appoints Anne Woods to Chief Nursing Officer; Strengthens Its Commitment to the Nursing Market 3Health News:Kimberly-Clark Corporation Announces Regulatory Clearance for Its Planned Acquisition of I-Flow Corporation 2Health News:Kimberly-Clark Corporation Announces Regulatory Clearance for Its Planned Acquisition of I-Flow Corporation 3Health News:Kimberly-Clark Corporation Announces Regulatory Clearance for Its Planned Acquisition of I-Flow Corporation 4Health News:Narconon Centers Educate Thousands During Red Ribbon Week 2Health News:Penn's Arthur H. Rubenstein receives Distinguished Service award from AAMC 2Health News:Caregiver's National Quilt Contest Supports ALS Association's Global Research Program 2Health News:Caregiver's National Quilt Contest Supports ALS Association's Global Research Program 3Health News:Caregiver's National Quilt Contest Supports ALS Association's Global Research Program 4Health News:Caregiver's National Quilt Contest Supports ALS Association's Global Research Program 5
(Date:8/20/2014)... 2014 Research and Markets ... Biosimilars/Follow-on-Biologics Market (Technology, Types, Applications, Services and Geography) ... to their offering. A new ... geography) - Size, Share, Global Trends, Company Profiles, ... Forecast, 2013 - 2020", suggests that the global ...
(Date:8/20/2014)... Research and Markets  has announced the addition ... to their offering. Global Market Report of ... globally and regionally ( Europe , ... Latin America etc.). It captures Pralmorelin market ... focuses on three primary areas; manufacture methods & technology development, ...
(Date:8/20/2014)... , Aug. 20, 2014 Reportlinker.com ... available in its catalogue: Global Coatings ... http://www.reportlinker.com/p01375204/Global-Coatings-for-Medical-Devices-Industry.html This report analyzes ... in US$ Million by the following Product Segments: ... Coatings. The report provides separate comprehensive analytics for ...
Breaking Medicine Technology:Global Biosimilars/Follow-on-Biologics Market (Technology, Types, Applications, Services and Geography) - Research Report, 2013 - 2020 2Global Market Report of Pralmorelin 2Global Coatings for Medical Devices Industry 2Global Coatings for Medical Devices Industry 3Global Coatings for Medical Devices Industry 4Global Coatings for Medical Devices Industry 5Global Coatings for Medical Devices Industry 6Global Coatings for Medical Devices Industry 7Global Coatings for Medical Devices Industry 8Global Coatings for Medical Devices Industry 9Global Coatings for Medical Devices Industry 10Global Coatings for Medical Devices Industry 11Global Coatings for Medical Devices Industry 12Global Coatings for Medical Devices Industry 13Global Coatings for Medical Devices Industry 14Global Coatings for Medical Devices Industry 15Global Coatings for Medical Devices Industry 16Global Coatings for Medical Devices Industry 17Global Coatings for Medical Devices Industry 18Global Coatings for Medical Devices Industry 19Global Coatings for Medical Devices Industry 20Global Coatings for Medical Devices Industry 21
... Pa., Aug. 22, 2011 Cephalon, Inc. (Nasdaq: ... of its 2.50 percent Convertible Senior Subordinated Notes due ... Subordinated Notes due 2015 (the "2015 Notes") in respect ... with a wholly-owned subsidiary of Teva Pharmaceutical Industries Ltd., ...
... Aug. 22, 2011 Clinigene International Limited, ... Phase I-IV Clinical Research Organization, and Spaulding ... Cardiac Core Lab, and Medical Device Manufacturer, ... establishes a reliable, trustworthy, and cost-efficient global ...
Cached Medicine Technology:Cephalon Gives Notice of Anticipated Fundamental Change to Holders of Its 2.50% Convertible Senior Subordinated Notes due 2014 and 2.00% Convertible Senior Subordinated Notes due 2015 2Cephalon Gives Notice of Anticipated Fundamental Change to Holders of Its 2.50% Convertible Senior Subordinated Notes due 2014 and 2.00% Convertible Senior Subordinated Notes due 2015 3Cephalon Gives Notice of Anticipated Fundamental Change to Holders of Its 2.50% Convertible Senior Subordinated Notes due 2014 and 2.00% Convertible Senior Subordinated Notes due 2015 4Cephalon Gives Notice of Anticipated Fundamental Change to Holders of Its 2.50% Convertible Senior Subordinated Notes due 2014 and 2.00% Convertible Senior Subordinated Notes due 2015 5Spaulding Clinical Announces Strategic Partnership with Clinigene International, India for Providing Comprehensive Early Clinical Solutions to Pharmaceutical and Biotech Clients 2Spaulding Clinical Announces Strategic Partnership with Clinigene International, India for Providing Comprehensive Early Clinical Solutions to Pharmaceutical and Biotech Clients 3
... reference laboratory and a worldwide leader in ... an extensive test menu of highly complex ... anatomic pathology. Owned by the University of ... half of the nation's university teaching hospitals ...
... is a national reference laboratory and a ... development. ARUP offers an extensive test menu ... in clinical and anatomic pathology. Owned by ... include more than half of the nation's ...
... ARUP Laboratories is a national reference ... laboratory research and development. ARUP offers an ... unique medical tests in clinical and anatomic ... ARUP Laboratories' clients include more than half ...
... ARUP Laboratories is a national reference ... laboratory research and development. ARUP offers an ... unique medical tests in clinical and anatomic ... ARUP Laboratories' clients include more than half ...
Medicine Products: