first mortgage


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first mortgage

A security interest in property which takes precedence over all similar interests in the same property.
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2 million first mortgage and $250,000 line of credit for Palisade Gardens Apartments Corp.
26,000,000 Health and Educational Facilities Board of the City of Johnson City, TN hospital first mortgage revenue bonds (Mountain States Health Alliance) series 2001A;
First mortgage of $575,000 on a 3 story walkup mixed-use building in the Corona section of Queens.
of Colorado: 'BBB+' first mortgage bonds, 'BBB' preferred stock
AMAC originates and acquires mezzanine loans, bridge loans, and government-insured first mortgages secured by properties throughout the United States.
6 million first mortgage for a 344-unit co-op at 230 Garth Road in Scarsdale, NY;
59,901,799 Health and Educational Facilities Board of the City of Johnson City, TN hospital first mortgage revenue bonds (Mountain States Health Alliance) series 2001B (to be refunded by series 2006 bonds);
1 million first mortgage and a $500,000 line of credit for a 62-unit co-op at 311 East 75th Street in Manhattan;
A like amount of first mortgage bonds (old indenture) will be pledged as collateral for the new bonds and will remain pledged until all outstanding first mortgage bonds are retired.
Transactions include a $2 million first mortgage and a $200,000 line of credit for a 72-unit co-op at 2640 Marion Avenue in Bronx, NY; a $1.
9 million first mortgage and a $500,000 line of credit for a 103-unit co-op located at 152 East 94th Street in Manhattan; a $2 million first mortgage for a 21-unit co-op at 330 West End Avenue in Manhattan; and an $850,000 first mortgage accompanied by a $500,000 line of credit for Greenwich Green Cooperative, Inc.
A like amount of first mortgage bonds will be pledged as collateral for the new mortgage bonds and will remain pledged until all outstanding first mortgage bonds are retired.