Sonnenblick-Eichner Company Arranges $17,150,000 of First Mortgage Financing for aloft Austin, Austin, Texas – BEVERLY HILLS, CA–(Marketwire – Oct 16, 2012) – Sonnenblick-Eichner company announced today that it has arranged $17,150,000 of first mortgage financing for the aloft Austin, a 140-room 6-story hotel.
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Bidder pursues Empire – A Florida company has bid about $16 million to purchase the assets of Austin mortgage lending house Empire Funding Corp., which filed for Chapter 11 bankruptcy protection in May. Publicly held Ocwen.