TRANSACTIONS: Eastern Union Funding arranges Hempstead acquisition loan; Meridian brokers Hoboken mortgage

Eastern Union Funding announced the following transactions:
• An $8,287,500 first lien mortgage for the acquisition of a 114-unit mixed-use on W Columbia St in Hempstead, NY. This transaction was arranged by Jeffrey Seidenfeld.
• A $3,000,000 first lien mortgage for the refinance of a 9-unit mixed-use on Rogers Ave in Brooklyn, NY. This transaction was arranged by Michael Muller and Moshe Lipschitz.
• A $2,300,000 first lien mortgage for the construction of an 8-unit Multifamily on S 5th St in Brooklyn, NY. This transaction was arranged by Mendy Pfeifer and Motti Blau.
• A $1,830,000 first lien mortgage for the refinance of a 31-unit multifamily on Main St in Buffalo, NY. This transaction was arranged by Mendy Pfeifer and Motti Blau.
• A $1,417,000 first lien mortgage for the refinance of a 2-unit multifamily on Brevoort Pl in Brooklyn, NY. This transaction was arranged by Jonathan Singer.
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Meridian Capital announced the following transactions:
• A new mortgage in the amount of $7,600,000 on a 24-unit multifamily property located on west 127th Street in New York, NY. The loan features a rate of 4.32% and a 36-month term. Josh Rhine negotiated this transaction.
• A new mortgage of $3,800,000 was placed by Meridian on a mixed-use property totaling nine units located on East 14th Streetin New York, NY. The loan features a rate of 4.45% and a 10-year term. This transaction was negotiated by Jacob Rochlitz and Morris Diamant.
• A new mortgage in the amount of $2,700,000 on a seven-unit multifamily property located on Monroe Street in Hoboken, NJ. The loan features a rate of 4.36% and a five-year term. David Hayum negotiated this transaction.
•  A new mortgage of $2,350,000 was placed on a cooperative property totaling 133 units located on East Seventh Street in Brooklyn, NY. The loan features a rate of 4.09% and a 10-year term. This transaction was negotiated by Jacob Schmuckler.
• A new mortgage in the amount of $1,750,000 on a four-unit mixed-use property located on Franklin Avenue in Brooklyn, NY. The loan features a rate of 4.40% and a five-year term. Sean Robertson and Brian Flax negotiated this transaction.
• A new mortgage of $1,000,000 was placed on a mixed-use property totaling four units located on BrunswickStreet in Jersey City, NJ. The loan features a rate of 4.43% and a five-year term. This transaction was negotiated by David Hayum.
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GCP Capital Group arranged mortgage financing in the aggregate amount of $28,925,000 for the following properties:
• $13,800,000 for four five-story multifamily apartment buildings containing a total of 62 units, located on West 88th Street in Manhattan, New York. David Sessa, Managing Director of GCP Capital Group, arranged the financing for this transaction.
• $6,100,000 combined financing for a one-story medical/professional building of 12,000 square feet and a to-be-constructed, single-story commercial building of 6,000 square feet occupied by 7-11. Both properties are located in Bayshore, Suffolk County, New York. Matthew Classi, Managing Member of GCP Capital Group, arranged the financing for these transactions.
• $4,500,000 for a five-story multifamily apartment building containing 43 units, located on Bainbridge Avenue in the Bronx, New York. Paul Greenbaum, Managing Member of GCP Capital Group, arranged the financing for this transaction.
• $3,225,000 for two adjacent three-story multifamily apartment buildings containing a total of 19 units, located on West 183rd Street in Manhattan, New York. Adam Brostovski, Principal of GCP Capital Group, arranged the financing for this transaction.
• $1,300,000 for two mixed-use buildings, one three-story and part one-story, comprised of one luxury duplex apartment and one commercial unit, located in the Williamsburgh neighborhood of Brooklyn, New York. Steven Goldstein, Senior Associate of GCP Capital Group, arranged the financing for this transaction.