HKS Capital closes $28.105 million in Bronx/Queens loans

HKS Capital Partners LLC, one of the leading commercial real estate finance and advisory firms, that specializes in origination, transaction analysis and loan placements has negotiated the following deals totaling $28.105 million: * $15 million financing for ground-up construction of 118 unit multifamily property in the Bronx. The loan features a rate of 4.5% and a term of 24 months. Ayush Kapahi negotiated this transaction. * $5.505 million permanent financing of a 31- unit, multifamily property in the Morris Heights section of the Bronx. The loan features a rate of 4.72% and a term of ten years. Kapahi negotiated this transaction. * $4 million permanent financing for a collateralization of four multifamily properties comprised of 35 residential units in Queens. The loan features a rate of 3.25% and a term of 10 years. Jay Stern and Matthew McCue negotiated this transaction * $3.6 million acquisition financing of a single tenant commercial space in the Bronx. The loan features a rate of 200 BPs over the five-year Treasury. Tony Le negotiated this transaction. Since Kapahi formed HKS CAPITAL PARTNERS in 2011 with his partners, Jerry Swartz and John Harrington, the firm has secured over $9.5 billion in loans for new developments, acquisitions and refinancing deals in New York other states and the US Caribbean territories.