Order Restored: J.P. Morgan Chase wrote a $20... - NBC New York

Order Restored: J.P. Morgan Chase wrote a $20...

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    NEWSLETTERS

    J.P. Morgan Chase wrote a $20 million mortgage on a $45.1 million apartment at the Plaza last week, which on a small scale means the owner is likely cashing out, but what about the bigger picture: "Some experts say that the fact that Chase gave a loan of such size for a residential unit is an indication that the bank believes high-end residential properties remain solid investments." [Real Deal]

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