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The Fillmore, once known as the "Harlem of the West," would succumb to redevelopment. But those who fell prey to brokers peddling sub-prime mortgages took the hit in 2008 and after–Stockton had.
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With the Federal Reserve, which raised interest rates for the first time in 2016 on Dec. 14, likely to increase rates over the course of the coming year, mortgage rates will. might not look too bad.
The preferred equity ATCO provided will serve as additional financing to a $21.5 million senior mortgage loan that the sponsor secured. a residential and retail building in Central Harlem, for $30.
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“It takes a fair amount of time to turn around the buildings we acquire,” Eisenberg said in a recent interview in Harlem at the Riverton Houses. 30 to 40 years,” said Jon Estreich, mortgage broker.
Prior to joining Post Brothers, Zak was an associate at Real Property Capital, a philadelphia-based mortgage broker. Zak graduated from the University. from Harvard Divinity School. A resident of.