News: Brokerage

Brick Capital Partners completes three mortgages totaling $6.95 million

Brooklyn, NY Brick Capital Partners LLC has completed the following transactions:

Eric Roth,
Brick Capital Partners

• A $5.4 million first mortgage for the refinance of a two-story commercial building in Bay Ridge. The loan was arranged by Eric Roth, a managing partner of Brick Capital.

• A $750,000 second mortgage to a private real estate owner for a five-story walk-up in Williamsburg. The loan is interest only with a 1 year term. The loan was arranged by Roth.

• A $800,000 blanket second mortgage to a private real estate owner. Located in the Crown Heights, the collateral is comprised of three apartment buildings with 36 apartments. The loan is interest only with a 2 year term.

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