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JHP |
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iCap / JHP Realty Advisors announced the closing of an acquisition and renovation loan in the amount of $36,900,000 on a property which was formerly the home of the fabled Alexander's department store and was more recently occupied by Caldor. Additionally, smaller portions of the monthly distribution for JHP may later be characterized as capital gains and/or a return of capital because of the fund's modest investment in REITs. Gus Costaldo of JHP Realty Advisors announced the placement of a $2,500,000 construction loan for 75 Greene St. |
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