Houlihan-Parnes Realtors arranges two mortgages totaling $36 million
December 23, 2013 - Brokerage
Houlihan-Parnes, Realtors, LLC arranged the closing of two new first mortgages in the amount of $15 million and $21 million. The ten year loans have a fixed interest rate of 4.85% with three years interest only. The two properties total 960 units. Built in 1985, the properties occupancies are 95%. Fred Stahl and Sheldon Stahl handled the loans for Houlihan-Parnes Realtors, LLC.