Black Mountain Capital closes $32.5 million in financing

Manhattan, NY According to Black Mountain Capital, (BMC) its founder and managing director, Alex Elezaj negotiated four transactions:

The refinance of a $13 million loan on a renovated 10,000 s/f townhouse on Washington Pl. in Greenwich Village.
A $12 million loan for the purchase of a residential condo package at Hudson Yards Residences. The purchase closed in two weeks and provided the sponsor 90% financing.
A $5 million construction loan for a seven, two-family townhouse subdivision project, The Park Hill Terrace of Yonkers. The sponsor plans to list the properties for sale once completed
A $2.5 million single-family construction loan for a 9,000 s/f property in New Rochelle.

BMC also opened a new storefront office in New Rochelle.

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Marcus & Millichap brokers $2.8 million sale of free-market mixed-use property in Brooklyn

Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.

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Highcap Group sells Astoria 17 unit elevatored apartment building

OPEN Impact R.E. helps Coney Island Prep. secure 39-year leasehold condominium for new 45,190 s/f high school

OPEN Impact helps Coney Island Prep. secure leasehold condo. for new high school

New York restaurant group acquires Upper West Side retail co-op for $4.135 million in deal arranged by Lee & Associates NYC

N.Y. restaurant group acquires Upper West Side retail co-op for $4.135m in deal arranged by Lee & Associates NYC

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