717-725 Saw Mill River Road

December 2018 – James J. Houlihan, Christie L. Houlihan and Bryan J. Houlihan of Houlihan-Parnes Realtors, LLC, have secured the placement of a $1,770,000 first mortgage on Ardsley Shopping Center, located at 717-725 Saw Mill River Road in Ardsley, New York. The non-recourse loan is fixed for 5 years at 4.625%. The shopping center is anchored by a CVS Pharmacy. The loan, closed with a local bank, is pre-payable throughout the term on a declining scale and the Borrower has an option to extend the loan for an additional five years. The Borrower was represented by Christie L. Houlihan, Senior Director and Counsel of Houlihan-Parnes Realtors.