Brick Capital Group completes five deals totaling $33.19 million

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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