News:
Brokerage
Posted: April 14, 2015
Brick Realty Capital finances $2.5 million
Brick Realty Capital LLC, through an affiliate entity, arranged financing of a first mortgage on a 56-unit apartment building.
Brick Realty Capital, through an affiliate entity, originated the $2.5 million first mortgage. The collateral, located in the North Bronx, consists of a six-story elevator building with 56 apartments. The interest-only mortgage is for a two year term.
According to Eric Roth, owner and managing partner of Brick Realty Capital, "These loans are representative of Brick's continuing commitment to aggressively finance deals in the Bronx and throughout the Greater New York Area."
Tags:
Brokerage
MORE FROM Brokerage
Dolce & Gabbana signs 21,000 s/f lease for New York headquarters at 551 Fifth Ave.
Manhattan, NY Dolce & Gabbana, an Italian fashion house, has signed a long-term, 21,000 s/f office lease at 551 Fifth Ave. for its New York headquarters,
Quick Hits
 (2).gif)
Columns and Thought Leadership
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt
Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
The art of investing in real estate - by Thomas Donovan
Real estate investing is as much an art as it is a skill. No one can time the market, or the factors that drive it, perfectly. Location, zoning, size, transportation, and neighborhood density give you a baseline for
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt CRE question and answer: Choosing a real estate agent - by David Hunt
First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary
.gif)