HAROLD D. BAKER & CO. ARRANGES $18M LOAN IN NYC

NEW YORK CITY — Harold D. Baker & Co., Inc. has secured $18 million in first mortgage financing for a 76,000-square-foot retail/office building, located at the intersection of Spring and Wooster streets in the SoHo section of New York City. Harold Baker of Harold D. Baker & Co. arranged through RiverSource Life Insurance Co. with a 10-year term and a 30-year amortization schedule.