Eastern Union Funding announced the following transactions:
• A $18,144,000 first lien mortgage for the acquisition of a 344-unit multifamily on S Harvard Ave in Tulsa, OK. This transaction was arranged by David Eisen.
• A $5,200,000 first lien mortgage for the acquisition of a 15-unit mixed-use on E 5th St in New York, NY. This transaction was arranged by Mendy Pfeifer and Motti Blau.
• A $4,950,000 first lien mortgage for the refinance of a 16-unit multifamily on Union St in Brooklyn, NY. This transaction was arranged by Mendy Pfeifer, Motti Blau and Moshe Lipschitz.
• A $4,785,000 first lien mortgage for the refinance of a 93-unit multifamily on N Skyline Dr in Liberty, MO. This transaction was arranged by Judah Aderet.
• A $4,550,000 first lien mortgage for the refinance of a 93-unit multifamily on Main St in Lithonia, GA. This transaction was arranged by Michael Muller.
• A $4,432,845 first lien mortgage for the acquisition of a 8-unit multifamily on Orchard Pl, Fairview St in Yonkers, NY. This transaction was arranged by Jeffrey Seidenfeld and Shawn Muller.
• A $3,765,000 first lien mortgage for the refinance of a 30-unit multifamily on North St in Doylestown, PA. This transaction was arranged by David Metzger and Nate Hyman.
• A $2,160,000 first lien mortgage for the acquisition of a 21-unit multifamily on N Walnut St in East Orange, NJ. This transaction was arranged by David Metzger and Nate Hyman.
• A $1,800,000 first lien mortgage for the refinance of a 16-unit multifamily on Brooklyn Ave in Brooklyn, NY. This transaction was arranged by Michael Muller.
• A $1,500,000 first lien mortgage for the refinance of a commercial property on Alps Rd in Wayne, NJ. This transaction was arranged by David Merkin and Barry Dollman.
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GCP Capital Group arranged mortgage financing in the aggregate amount of $37,965,000 for the following properties:
• $17,000,000 for a four-story Class A office building comprised of approximately 129,000 square feet, located in Melville, Suffolk County, New York. Alan Perlmutter, Managing Member of GCP Capital Group, arranged the financing for this transaction.
• $8,600,000 combined financing for two one-story retail shopping centers comprised of approximately gross 29,450 square feet, located in Eastchester and the Bronx, New York. Paul Greenbaum, Managing Member of GCP Capital Group, arranged the financing for this transaction.
• $7,365,000 for a six-story multifamily apartment building containing 66 apartments and 5,400 square feet of commercial space, located on Nagle Avenue in Manhattan, New York. Adam Brostovski, Principal of GCP Capital Group, arranged the financing for this transaction.
• $5,000,000 for a 54,150 square foot, two-story commercial building containing 8 retail units, located on Rockaway Boulevard in Queens, New York. Matthew Classi, Managing Member of GCP Capital Group, arranged the financing for this transaction
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Meridian Capital announced the following transactions:
• A new mortgage in the amount of $10,000,000 on a 50-unit multifamily property located on West 144th Street in New York, NY. The loan features a rate of 3.75% and a five-year term. Morris Diamant and David Liechtung negotiated this transaction.
• A new mortgage of $9,250,000 was placed by Meridian on a multifamily property totaling 20 units located on West 46th Street in New York, NY. The loan features a rate of 3.75% and a five-year term. This transaction was negotiated by Morris Diamant and David Liechtung.
• A new mortgage in the amount of $2,400,000 on a 24-unit multifamily property located on New York Avenue in Brooklyn, NY. The loan features a rate of 4.125% and a five-year term. Judah Hammer and Daniel Neiss negotiated this transaction.
• A new mortgage of $2,000,000 was placed by Meridian on a multifamily property totaling five units located on Troutman Street in Brooklyn, NY. The loan features a rate of 4.375% and a five-year term. This transaction was negotiated by Charles Grussgott and Michael Helmreich.
• A new mortgage in the amount of $1,225,000 on a six-unit multifamily property located on Carlton Avenue in Brooklyn, NY. The loan features a rate of 4.26% and a five-year term. Brian Flax negotiated this transaction.
• A new mortgage of $900,000 was placed on a multifamily property totaling eight units located on Bronxwood Avenue in the Bronx, NY. The loan features a rate of 4.125% and a five-year term. This transaction was negotiated by David Hayum and Luke Hingson.
