Alphabet City Mixed-Use Refinanced for $3M

Alphabet City Mixed-Use Refinanced for $3M

ERG Commercial Real Estate arranged a $3-million refinance of 79 Ave. A, a four-story, mixed-use property located on Avenue A between East 5th and East 6th streets in Alphabet City on Manhattan’s Lower East Side. The borrower was not disclosed… Continue reading

ERG Arranges Construction Financing for Jamaica Multifamily

ERG Arranges Construction Financing for Jamaica Multifamily

ERG Commercial Real Estate has secured a $7-million construction loan for a new 16-story, 28-unit multifamily development located at 166-13 91st St., Jamaica, Queens. The financing was provided by a national middle-market institutional-quality construction and bridge lender… Continue reading

ERG Commercial sources $4.65m refinance loan

ERG Commercial sources $4.65m refinance loan

Manhattan, NY ERG Commercial Real Estate has sourced a $4.65 million refinance loan on a midtown office building at 150 West 36th St. The five-story, 13,000 s/f building, with ground floor retail, is located between Sixth and Seventh Aves. in the heart of the Garment District… Continue reading

Garment District Offices Score Five-Year Refi Loan

Garment District Offices Score Five-Year Refi Loan

ERG Commercial Real Estate recently sourced a $4.65-million refinance loan on 150 W.36th St., a Midtown Manhattan office building. The five-story, 13,000-square-foot building, with ground-floor retail, is located between Sixth and Seventh avenues in the Garment District… Continue reading

ERG Commercial brokers $7.5m loan for Skyland Management

ERG Commercial brokers $7.5m loan for Skyland Management

Manhattan, NY ERG Commercial Real Estate brokered a $7.5 million bridge loan to allow the borrower, Skyland Management, to refinance existing debt on three adjoining vacant lots. The consecutive lots, 120-124 Lexington Ave., totaling 4,647 s/f, on the corner of East 28th St. and Lexington Ave. in the Kips Bay neighborhood… continue reading