Houlihan Parnes Arranges $2.9 Million in Loans for Bronx Retail Properties

New York City – The three separate loans have 5-year, 3.75-percent fixed rates with 30-year amortization schedules.

New York City – Houlihan Parnes Realtors has placed $2.9 million in first mortgage debt for three retail properties in Bronx. The one-story buildings total 14,000 square feet. The three separate loans have 5-year, 3.75-percent fixed rates with 30-year amortization schedules. Additionally, the loans feature flexible terms and extension options. Jerry Houlihan arranged the financing, while Elizabeth Smith of Goldberg Weprin Finkel Goldstein represented the borrowers.

— Amy Bigley Works