Review Mortgage Lenders

First Meridian Mortgage

First Meridian Mortgage Corporation Holiday Party - 12/17/2010

First Meridian Mortgage Company Holiday Party at the Pantelaras Residence in Tampa, FL - 12/17/2010

TRANSACTIONS: Meridian places $12M mortgage on 7th Ave. multifamily

Greystone,  a commercial real estate lending, investment, and advisory company, has provided a $6.5 million Freddie Mac Small Balance Loan (SBL) to refinance a 53-unit multifamily property in East Orange, New Jersey. The transaction was originated by  Jason Yuen  in Greystone’s New York office, on behalf of Rockledge Clinton LLC.  Red Oak Capital Advisors  arranged the financing for the borrower.

The $6,500,000 financing is a non-recourse adjustable rate mortgage with a fixed rate for five years and a 30-year amortization period. Built in 1927, 49 South Clinton Street is a four-story, elevator building comprising one, two and three-bedroom apartments, with onsite laundry and parking.

Invesco Mortgage Capital Inc (NYSE:IVR) Shares Bought by Bessemer Group Inc.

Bessemer Group Inc. lifted its holdings in Invesco Mortgage Capital Inc (NYSE:IVR) by 2.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 252,000 shares of the real estate investment trust’s stock after buying an additional 5,800 shares during the period. Bessemer Group Inc. owned approximately 0.20% of Invesco Mortgage Capital worth $4,062,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of IVR. 6 Meridian lifted its stake in Invesco Mortgage Capital by 2.3% in the second quarter. 6 Meridian now owns 57,342 shares of the real estate investment trust’s stock worth $924,000 after acquiring an additional 1,269 shares during the last quarter. Martingale Asset Management L P lifted its stake in Invesco Mortgage Capital by 1,024.9% in the first quarter. Martingale Asset Management L P now owns 465,696 shares of the real estate investment trust’s stock worth $7,359,000 after acquiring an additional 424,296 shares during the last quarter. Deutsche Bank AG lifted its stake in Invesco Mortgage Capital by 34.4% in the fourth quarter. Deutsche Bank AG now owns 1,096,045 shares of the real estate investment trust’s stock worth $15,868,000 after acquiring an additional 280,269 shares during the last quarter. Nisa Investment Advisors LLC lifted its stake in Invesco Mortgage Capital by 59.7% in the first quarter. Nisa Investment Advisors LLC now owns 15,970 shares of the real estate investment trust’s stock worth $252,000 after acquiring an additional 5,970 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in Invesco Mortgage Capital by 1.5% in the first quarter. JPMorgan Chase & Co. now owns 1,395,374 shares of the real estate investment trust’s stock worth $22,047,000 after acquiring an additional 20,448 shares during the last quarter. 70.88% of the stock is currently owned by hedge funds and other institutional investors.

Harp Replacement
Refi Rate Guide - Your Refinance Guide
Express Mortgage Quotes
ExpressMortgageQuotes
College Allstar - Independence University
Choose Your Education
Horsefarm DE