Brick Capital Group LLC
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Brokerage
Posted: January 8, 2019
Brick Capital Group completes five deals totaling $33.19 million
Brick Capital Group LLC
Brick Capital Group LLC
New York, NY Brick Capital Group LLC, has completed the following transactions:
• A $16.75 million purchase of a pool of non-performing mortgages and notes. The collateral is comprised of apartment buildings contain a total of 315 units. Eric Roth, managing partner of Brick Capital negotiated the direct purchase.
• Brick Capital, through an affiliate entity, provided a $5 million first mortgage to a private real estate investor. The interest only loan is for a two-year term. George Niblock, managing partner of Brick Capital, arranged the financing.
• Brick Capital, through an affiliate entity, provided a $800,000 first mortgage to a private real estate investor. The interest only loan is for a one year term. Anthony Lekanides of Brick Capital arranged the financing.
• Brick Capital, through an affiliate entity, has purchased two non-performing mortgages and notes totaling $1.89 million.
• Brick Capital, through an affiliate entity, funded a $8.75 million first mortgage to a private real estate investor for the acquisition of a Queens commercial building. Lekanides arranged the financing.
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