• MAREJ

Houlihan-Parnes Realtors announce placement of $31M


Tarrytown, NY — Rachel Greenspan, Bryan Houlihan and Christie Houlihan of Houlihan-Parnes Realtors, LLC and GHP Office Realty are pleased to announce the placement of $31 million of mortgage financing on the class A office building located at 660 White Plains Rd., Tarrytown. The property was purchased in early 2017 by members of GHP Office Realty, Houlihan-Parnes Realtors, and RD Management. Since acquiring the property, the owners have invested millions of dollars in capital improvements and various building upgrades, including a new state-of-the-art fitness center and newly renovated lobby. GHP Office Realty has been able to increase occupancy at the property from 78% to 98% due to the vast amount of improvements made to the property. The loan was placed with a local bank with a fixed rate of 3.13% on a 10-year term.

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