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Brokerage
Posted: October 3, 2008
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.
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