Roth of Brick Realty closes $2.3 million mezzanine loan
Brick Realty Capital LLC, through an affiliate entity, has closed a $2.3 million mezzanine loan. The collateral is secured by an entity that owns a 90-unit apartment building located in the Inwood section. Eric Roth, a managing partner who arranged the loan, said, "As the borrower required the use of the funds on an expedited basis, we were able to issue the commitment letter and close the loan all within a seven-day a time frame."
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.
New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing
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
Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
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.