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March 26, 2012

Monroe & Giordano Arrange $1,500,000 Financing on North Carolina Manufactured Home Community

Monroe & Giordano, a Tampa based Mortgage Company, arranged through its national lending sources, a permanent loan of $1,500,000 on Cedar Creek Manufactured Home Community in Greensboro, North Carolina. In 2002, Monroe & Giordano closed the last loan on Cedar Creek.

Cedar Creek Manufactured Home Community is an average quality all age community built approximately 30 years ago. It contains 168 sites on 43 acres with approximately 21 double wide and 147 single wide homes currently in place. Water and sewer are provided by the city. Amenities include a clubhouse, swimming pool and lake.

J. Cary Monroe, Michael B. Giordano, Matt Gentile and Glenda Rice with over 60 years experience in commercial real estate lending, have established the commercial mortgage banking firm of Monroe & Giordano which is active primarily in the Southeastern United States. The firm represents numerous lenders that are extremely active for properties of these types. Monroe & Giordano have proven they have the ability to provide their borrowers creative solutions based on each borrower's unique needs. Monroe & Giordano have offices in Tampa, Florida and may be reached at 813-229-5055.