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barakat

Giarratana refinances

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Just wondering if anyone knows what he refinanced and why. Richard, can you say?

Real Estate Notes:

Deals and market chatter, 6 February 2007

By Richard Lawson

02-06-2007 12:04 PM

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I had heard he had. I am not sure but I think it was on the lot itself. My thoughts are that he may have been able to re-finance at a lower interest rate. That would make sense even if it was a half percent lower. The cost of the land was over 9 million. Dont know how much was financed though.

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