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MRG Secures More than $44M in Financing for LI Properties

WOODBURY, NY-Mortgage banker MRG completed more than $44 million in financing for seven properties located in two of Nassau County's largest business parks.

By Barbara Jarvie | Updated on July 24, 2003

WOODBURY, NY-M. Robert Goldman & Co. Inc. completed financing for seven properties located in Nassau Crossways International Plaza and Gateway Executive Plaza, two of the largest business parks in Nassau County. Tenants at these addresses include Cablevision and Converse. Nassau Crossways, the largest planned park in Nassau County, features more than two million sf of office space, while Gateway has one million.

The transactions–which total more than $44 million–were conducted on behalf of Tilles Investment Co., according to Jonathan Goldman, executive vice president of the Jericho, NY-based mortgage banker.

“We’re always doing two to three deals for Tilles,” Goldman tells GlobeSt.com. He notes that a number of loans had matured. He adds that these properties, considered to be among the main office centers in the New York City suburbs,”afford tenants the opportunity to have their own building within the complex.”

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