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Owners Developers & Managers
Posted: September 5, 2008
Bjornsund of NorthMarq negotiates $2.65m mtge.
Craig Bjornsund, senior VP and managing director of NorthMarq Capital, Inc.'s N.Y.C. regional office, arranged first mortgage financing in the amount of $2.65 million for Toys 'R' Us and Summit Plaza. Financing was based on a 10-year term with a 25-year amortization schedule and was arranged for the borrower, Goodrich Cicero LLC, by NorthMarq through its correspondent relationship with Sun Life of Canada.
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Windsor approves redevelopment of 500 Day Hill Rd. for mixed-use residential community
Windsor, CT The town has granted approvals for the redevelopment of 500 Day Hill Rd., clearing the way for a mixed-use residential community that will convert a former office campus into a housing development totaling approximately 300 residential units
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