HKS Capital Partners negotiates multiple deals totaling $29.838 million
HKS Capital Partners LLC, one of the leading commercial real estate finance and advisory firms, has negotiated the following deals totaling $29.838 million:
* A $10.4 million permanent financing of a mixed-use building in Harlem. The loan features a rate of 3.5% and a term of five years. John Harrington negotiated this transaction.
* A $4.7 million permanent financing of a four-story multi-family building in Jackson Heights, Queens. The loan features a rate of 3.5% and a term of seven years. Ayush Kapahi negotiated this transaction.
* A $4.275 million ground up construction of a 4-story, 18-unit multi-family property in White Plains, Westchester County. The loan features a rate of 4.19% and a term of ten years. Kapahi negotiated this transaction.
* A $4.163 million ground up construction financing of a six-story, 33-unit mixed-use property comprised of 31 residential units, a restaurant, and one retail space in Ossining, Westchester County. The loan features a rate of 4.5% and a term of two years. Kapahi negotiated this transaction.
* A $2.5 million permanent financing of a single tenant Staples in Howard Beach, Queens. The loan features a rate of 3.828% and a term of five years. Jay Stern negotiated this transaction.
* A $2.3 million permanent finance of two multi-family buildings in Williamsburgh, Brooklyn. The loan features a rate of 3.875% and a term of seven years. Michael Lee negotiated this transaction.
* A $1.5 million finance of a single tenant building in Chelsea. The loan features a rate of 4.356% and a term of ten years, with 10 years interest only. Kapahi negotiated this transaction
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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