CENTERLINE SECURES $14.6 MILLION FOR APARTMENT REFINANCE IN NYC
NEW YORK CITY — Centerline Capital Group has arranged a $14.6 million loan for the refinancing of a Manhattan apartment building. Located at 244 W. 72nd St., the 16-story building contains 89 units and retail space on the ground floor. The loan carries a 5-year term and a 55 percent loan-to-value ratio. Centerline's Steven Cox originated the financing.