Michael Haltman, PresidentExeter Commercial LLC/Exeter Holding Ltd.131 Jericho Turnpike, Suite 202Jericho, New York 11753516.338.7500 Commercial and Residential First Mortgage Note Sale Clarification In the follow-on responses that I have received on our one Residential note in Cold Spring,
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04/27/2009
I am the mortgage holder on an 80% completed, 16 unit building on Fairmont Place in the Bronx, New York. There are 12 one bedroom units and 4 two bedroom units. The anticipated rent for the one bedrooms is $1,200 a month, and $1,450 for the two bedrooms for gross annual rents of $242,400 . Be
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04/22/2009
In this market, if you are still originating mortgage loans congratulations. This has been by far the most difficult market seen in a long, long time. That said, the key going forward is to have as much knowledge as you possibly can in order to differentiate yourself from the next mortgage brok
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04/13/2009
Release: $4.375 million Bridge Loan Closed In these difficult times, Exeter Commercial LLC is happy to announce that we have closed a $4.375 MM Bridge Loan. While we have been closing smaller commercial mortgage deals on purchase and refinances of income producing property, larger, more compl
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04/12/2009
Release: $4.375 million Bridge Loan Closed In these difficult times, Exeter Commercial LLC is happy to announce that we have closed a $4.375 MM Bridge Loan. While we have been closing smaller commercial mortgage deals on purchase and refinances of income producing property, larger, more compl
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04/08/2009
From The Political and Financial Markets Commentator Taking From Peter To Pay Paul The FASB (Financial Accounting Standards Board)relaxed the rules that require a bank to mark the value of an asset on its books to a"market" price,
IF a transaction that takes place is distressed
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04/02/2009