JG Capital finances a total of $4.275m for four deals
JG Capital, LLC has arranged a total of $4.275 million for the following four transactions:
* A new $2.25 million mortgage was negotiated by Phil Ragone of JG Capital for three walk-up apartment buildings containing 21 apartments in the downtown area.
* An $800,000 private bridge loan was issued on two mixed-use buildings on Broadway negotiated by Michael Guarino of JG Capital.
* A $725,000 private bridge loan was issued on a vacant mixed-use building on Lenox Ave. The loan was negotiated by Jason Au of JG Capital.
* A $500,000 first mortgage was issued on a four-story mixed-use apartment building containing seven apartments and two stores on Eagle Ave. in the Bronx. The loan was negotiated by Joseph Amira of JG Capital.
Brooklyn, NY Investment Property Realty Group (IPRG), a New York-based commercial investment firm, has closed the sale of 1094 Hancock St., a mixed-use building in the Bushwick section, for $1.75 million.
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