ERG Secures $17M Loan for Two SoHo Buildings

ERG Secures $17M Loan for Two SoHo Buildings

ERG Commercial Real Estate has successfully arranged a $16.5 million loan to refinance two mixed-use buildings located at 65 and 67 Greene Street in the highly coveted neighborhood of SoHo. These adjacent properties, spanning over 21,000 square feet, are strategically situated on one of SoHo’s most desirable retail corridors… Continue reading

ERG Arranges $17M Loan on Two Soho Buildings

ERG Arranges $17M Loan on Two Soho Buildings

ERG Commercial Real Estate has arranged a $16.5 million loan to refinance two mixed-use buildings at 65 and 67 Greene Street SoHo. These adjacent properties, totaling 21,321 square feet, are situated on one of SoHo’s prime… Continue reading

Guarino and Flaccomio of ERG Commercial arrange $2.1 million

Guarino and Flaccomio of ERG Commercial arrange $2.1 million

Central Islip, NY ERG Commercial Real Estate, through an affiliate, is funding a $2.1 million refinance loan secured by two commercial strip shopping centers. The single-story buildings at 861 & 889 Lowell Ave. contain eight stores that include a daycare center, meat market, liquor store, pizzeria, grill, Dominos, a deli and a cycle shop. Read More

ERG Lines Up Loan to Complete Staten Island 1031 Exchange

ERG Lines Up Loan to Complete Staten Island 1031 Exchange

ERG Commercial Real Estate delivered a $2.25-million traditional bank loan for a borrower who purchased an industrial warehouse building in the Bloomfield section of Staten Island for $3.8 million. ERG was able to provide the difference in proceeds needed in the 1031 exchange.  The five-year fixed acquisition loan featured a 6.5% interest rate for the […]