A $6,187,500 first lien
mortgage for the acquisition of a 49-unit mixed-use on E 178th St in Bronx, NY.
The amendment will also relax certain operating covenants contained in the first lien
credit facility so that they will be consistent with those contained in Knology's second lien credit facility.
A $7,575,000 first lien
mortgage for the acquisition of a 44-unit multifamily on Eastern Pkwy in Irvington, NJ.
A $12,700,000 first lien
mortgage for the acquisition of a 44-unit multifamily on Tompkins Ave in Brooklyn, NY.
The first lien
facilities include a $2 billion five-year amortizing term loan A, a $5.
A first lien
mortgage of $7,900,000 was arranged for the refinance of a 21-unit multifamily on W 29th St,W est 34th Street in Bayonne, NJ.
75%; under the first lien
term loan at LIBOR plus 3.
A $13,600,000 first lien
mortgage for the acquisition of a 109-unit multifamily on Richmond Hill Rd in Staten Island, NY.
A $5,650,000 first lien
mortgage for the refinance of a 10-unit multifamily on W 107th St in New York, NY.
Marc Tropp and David Merkin arranged a $6,625,000 first lien
mortgage for the refinance of a 22-unit multifamily on 16th StNW in Washington, DC.
The first lien
bonds are special, limited obligation bonds, secured by a parity lien with first lien
prior bonds, on state and local sales and compensating use tax revenues and local transient guest tax revenues generated within the Village West redevelopment area in Kansas City, Kansas.
A $7,500,000 first lien
mortgage for the refinance of an 18-unit mixed-use on Broadway in Brooklyn, NY.
A $7,000,000 first lien
mortgage for the acquisition of a 27-unit multifamily on Valentine Ave in Bronx, NY.
Global Aviation Holdings Inc, the parent company of North American Airlines and World Airways, on Wednesday announced that it has accepted USD10m of its 14% senior secured first lien
notes due 2013 for purchase related to its 30 June 2011 semi-annual offer to repurchase.
According to LPC, in the first quarter of 2007, the spread of second lien loans over LIBOR averaged 598 basis points while spreads for first lien
loans averaged 281 basis points.