Recent Transactions

Property Name: 170 Hamilton Avenue Location: White Plains, NY Property Type: Office Transaction Type: Refinance Loan Amount: $6,000,000

Q10 Member: New York Realty Advisors, LLC
Details: Houlihan-Parnes Realtors, LLC and Q10 Realty Advisors, LLC are pleased to announce the placement of a new first mortgage in the amount of $6,000,000 on a property located at 170 Hamilton Avenue, White Plains, New York. The property is located in the heart of downtown White Plains just steps away from Metro North Railroad station, the White Plains Courthouse and many shops and restaurants. The property is improved with a 60,000 square foot office and retail building with 16 tenants which is managed and leased by GHP Office Realty. The loan was placed with a local bank at an interest rate of 4.25% for a term of 5 years on a 30 year amortization schedule. The loan features a renewal option and flexible pre-pay schedule. The loan was arranged by Bryan J. Houlihan and James J. Houlihan of Houlihan-Parnes Realtors, LLC. The title was arranged by Michael Karger of Madison Abstract. The borrower was represented by Elizabeth Smith of Goldberg Weprin Finkel Goldstein, LLP, as attorneys.

GHP Office Realty is the office building division of Houlihan-Parnes Realtors, LLC which is presently one of the New York area’s leading owners, operators and purchasers of suburban redeveloped, leased and managed more than 6,000,000 square feet. Regionally, the partners presently own and manage buildings in Westchester and Rockland Counties, New York, in Fairfield County, Connecticut, in Bergen County and Princeton, New Jersey, and in Fort Worth, Texas. Privately funded and well-capitalized, GHP Office Realty is stable, strong, and poised to flourish in the coming years of real estate recovery. For more information please contact Andy Greenspan at 914-642-9300 ext. 346 or by email at: andy@ghpoffice.com.

Property Name: Financial Plaza Office Building Location: Omaha, NE Property Type: Office Transaction Type: Term Financing Loan Amount: $5,800,000

Q10 Member: Daisley Ruff Financial Corporation
Details: Term financing was arranged for this non-recourse loan which carried a low 7-year fixed rate with a 25-year amortization and flexible transfer provisions. Let Q10 | Daisley Ruff Financial find the right financing option for you.

Property Name: Office Over Retail Location: Dana Point, CA Property Type: Mixed Use Transaction Type: Refinance Loan Amount: $5,600,000

Q10 Member: Westcap Corp.

Property Name: Staples Mill Plaza Location: Dale City, VA Property Type: Retail Transaction Type: Permanent Financing Loan Amount: $5,550,000

Q10 Member: Professional Mortgage Company
Details: Q10 | Professional Mortgage Company President, Bryson G. Thomason, recently arranged a $5,550,000, 12-year amortization/term, fixed-rate permanent loan, on Staples Mill Plaza, a 53,561-square-foot Food Lion (formerly Bloom) anchored neighborhood shopping center located on Minnieville Road in Dale City, Virginia. This transaction was for the portfolio of an institutional lender that Q10 | Professional Mortgage Company represents as a loan correspondent. Q10 | Professional Mortgage Company will service the loan.

Property Name: Moriah Woods Office Park Location: Memphis, TN Property Type: Office Transaction Type: Refinance Loan Amount: $5,500,000

Q10 Member: Magna Bank
Details: This is a seven multi-tenant office facility set in a campus environment. The office park has 155,140 square feet in an East Memphis location with a high concentration of employment.