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0 0 0.00369765242067239 0.00369765242067239 0.000945911084358065 0.00558947458938865 0.00421360392123136 -8.59919167598686E-05
Stock impact report

Eastern Union Arranges $10-Million Refinancing For 102,862-Square-Foot Industrial Property in San Fernando [Los Angeles Times (CA)]

Great Southern Bancorp, Inc. (GSBC) 
Last great southern bancorp, inc. earnings: 4/20 07:00 pm Check Earnings Report
Built in 1964 and renovated in 2007, the single-tenant, owner-occupied industrial condominium is home to New Haven Moving Equipment , a wholesaler of moving equipment. The one-story structure is situated on a 4.23-acre parcel at 13571 Vaughn Street. The Eastern Union brokers were senior loan consultant Alex Jaffa and loan originator Ben Halpern The lender, Valley Bank , provided a two-year loan with a one-year extension option, a fixed 6.23% interest rate and interest-only payments over the full term. The non-recourse transaction included a $5-million cash-out of an existing loan. It also carried decreasing prepayment penalties over each year of the three-year period. The borrower is Dreadnaught Properties Los Angeles. “Alex Jaffa and Ben Halpern provided extraordinary service to this client,” said Abe Bergman , president and co-founder of Eastern Union. “Most lenders do not do cash-outs or non-recourse transactions on owner-occupied properties. The Eastern Union team found a l Show less Read more
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