Houlihan-Parnes Realtors has extensive experience in the mortgage brokerage and mortgage banking business. We finance a wide variety of income-producing properties including (but not limited to): both rental and cooperative apartment buildings, office buildings, both anchored and unanchored shopping centers, industrial warehouses, hotels (both flag and non-flag), mobile home parks, congregate care facilities, and special purpose properties. We also arrange land acquisition and development loans and provided financing for several billion dollars in the acquisition of both performing and non-performing loan portfolios and REO’s in the 1990’s.
While the majority of the loans we place are conventional first mortgages, we do arrange equity-participating loans, interim loans, private and institutional second mortgages, joint ventures, and construction financing. We arrange loans throughout the entire United States and have closed loans in more than thirty states in the past 10 years.
We arrange mortgages with a variety of lending institutions including insurance companies, domestic and foreign banks, Wall Street investment banks, pension funds, credit companies, real estate investment trusts, and private investors. We have established working relationships with many institutions and it is our relationships that enable us to facilitate the placement of new financing for our clients in an expeditious and favorable manner.
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