Roth of Brick Realty arranges $499,000 in financing
Brick Realty Capital LLC, through an affiliate entity, provided a second mortgage in the amount of $499,000 to a private real estate owner. Located in the upper east side of the city, the collateral is comprised of a two multi-family apartment buildings that contain both apartments and a ground floor retail tenants. Eric Roth, a managing partner of Brick, arranged the financing for this transaction. The loan, with an interest only 2-year term, was closed within 8 days of application.
Brooklyn, NY Investment Property Realty Group (IPRG) closed the sale of 247 Leonard St., a multi-family building located in the Williamsburg section of the city, for $2.175
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
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.
You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their