Real Estate News and Updates | ERG Commercial Real Estate

November 26, 2024
Spotlight

2024 Ones to Watch-Innovators in CRE: Ryan Lewis, ERG Commercial Real Estate

Ryan Lewis has been the managing director of ERG Commercial Real Estate since January of 2022. ERG...

November 12, 2024
Finance

ERG Commercial sources $4.65m refinance loan

Manhattan, NY ERG Commercial Real Estate has sourced a $4.65 million refinance loan on a midtown...

November 8, 2024
Finance

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...

October 15, 2024
Finance

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...

October 14, 2024
Finance

Murphy and Khan of ERG Commercial Real Estate deliver $600,000 loan on 8,579 s/f Lynbrook office building

Lynbrook, NY ERG Commercial Real Estate brokered a $600,000 line of credit on an office building...

October 8, 2024
Finance

ERG Commercial Arranges $4.6M Loan for Refinancing of Midtown Manhattan Office Building

NEW YORK CITY- New York City- based ERG Commercial Real Estate has arranged a $4.6 million loan for...

June 10, 2024
Finance

ERG Commercial delivers $16.5m refinancing loan to 65 & 67 Greene St.

June 10, 2024 - Manhattan, NY ERG Commercial Real Estate has delivered a $16.5 million loan to...

June 6, 2024
Finance

ERG Commercial Arranges $16.5m Loan for Refinancing of Manhattan Office, Retail Buildings

NEW YORK CITY- ERG Commercial Real Estate has arranged a $16.5 million loan for the refinancing of...

June 3, 2024
Finance

ERG Secures $17M Loan for Two SoHo Buildings

ERG Commercial Real Estate has successfully arranged a $16.5 million loan to refinance two...

June 3, 2024
Finance

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...

May 14, 2024
Investment Sales

Lewis and Flaccomio of ERG Commercial Real Estate sell two properties for $1.3 million

Bronx, NY ERG Commercial Real Estate brokered the sale of two adjacent multifamily buildings in the...

April 24, 2024
Investment Sales

ERG Brokers Sale of Two Bronx Multifamily Buildings

ERG Commercial Real Estate brokered the sale of two adjacent multifamily buildings in the Pelham...

March 12, 2024
Investment Sales

ERG Commercial brokers $2.15m sale of 26 units in Fordham

Bronx, NY ERG Commercial brokered the distressed sale of a five-story multifamily building in the...

February 7, 2024
Investment Sales

ERG Commercial Brokers $2.15M Sale of Fordham Multifamily

ERG Commercial announced the distressed sale of a five-story multifamily building in the Fordham...

January 16, 2024
Investment Sales

ERG Commercial Real Estate closes on vacant lot at 681 West Jericho Tpke.

Huntington, NY ERG Commercial Real Estate negotiated the $1.22 million sale of a vacant lot at 681...

January 15, 2024
Finance

ERG Commercial Arranges $7.5M Loan for Refinancing of Staten Island Industrial Property

NEW YORK CITY- New York-based ERG Commercial has arranged a $7.5 million bridge loan for the...

December 12, 2023
Investment Sales

ERG Commercial Real Estate Closes on Vacant Lot Sale In Huntington, LI

ERG Commercial Real Estate announced the $1.22 million sale of vacant lot in Huntington, Long...

October 31, 2023
Investment Sales

ERG Commercial Real Estate closes on 16-unit multifamily

ERG Commercial Real Estate has brokered the sale of a 16-unit multifamily building for $2.3...

October 23, 2023
Investment Sales

ERG Commercial Real Estate Closes on Yonkers Multifamily Sale

The four-story fully rent stabilized building at 15 Locust Hill Avenue, is 12,544 sq. feet. It was...

September 26, 2023
Spotlight

2023 Women in CRE: Mary Guarino, ERG CRE/Short Term Capital

What recent project, transaction, or accomplishment are you most proud of? My family has been in...

August 15, 2023
Investment Sales

Crown Heights Building sold by ERG Commercial Real Estate

Brooklyn, NY ERG Commercial Real Estate announced the sale of a six-unit multifamily building for...

June 27, 2023
Spotlight

2023 Ones to Watch Industry Leaders: Ryan Lewis, ERG Commercial Real Estate

Number of years in CURRENT position: 2 Three skills that you use every day in your...

May 16, 2023
Spotlight

2023 Ones to Watch Rising Stars: Anthony Flaccomio, ERG Commercial Real Estate

Number of years at firm: 3 One thing on my bucket list: Seeing NY Jets go to Super Bowl. When...

March 14, 2023
Investment Sales

Lewis of ERG sells two buildings for $4.55m

Yonkers, NY ERG Commercial Real Estate has sold two adjacent multifamily buildings for $4.55...

February 14, 2023
Investment Sales

ERG Commercial R.E. sells two adjacent multifamily buildings for $4.55 million

Yonkers, NY ERG Commercial Real Estate has sold two adjacent multifamily buildings for $4.55...

January 5, 2023
Finance

ERG Commercial RE Delivers $2.5 Million Refinance On Long Island Mixed-Use Property

ERG Commercial Real Estate, a Long Island based commercial real estate firm, through an affiliate,...

December 27, 2022
Spotlight

2022 Year in Review: Ryan Lewis, ERG Commercial Real Estate

What person, project, transaction or market trend had the greatest impact on your industry this...

December 21, 2022
Finance

ERG Commercial Arranges $5M Loan for Refinancing of Brooklyn Retail Property

NEW YORK CITY — Locally based financial intermediary ERG Commercial Real Estate has arranged a $5...

December 16, 2022
Investment Sales

ERG Delivers Cash-Out Refi of Bushwick Retail

ERG Commercial Real Estate, a Long Island based commercial real estate firm, delivered a $5-million...

December 13, 2022
Finance

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...

November 30, 2022
Finance

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...

November 22, 2022
Guide

Ones to Watch Fall 2022: Mary Guarino, ERG Commercial Real Estate

Tell us about a mentor or role model that has influenced your career choices? Over the...

October 25, 2022
Finance

ERG Commercial closes $2.4m construction loan on 12,000 s/f

...

October 19, 2022
Investment Sales

ERG Commercial Real Estate Sells Long Island Multifamily Building For $1.9 Million

ERG Commercial Real Estate has brokered the $1.9 million sale of a 13-unit multi-family...

October 12, 2022
Finance

ERG COMMERCIAL Closes Construction Loan On Queens New Mixed-Use Building

Carle Place, LI – ERG Commercial Real Estate, through an affiliate, has funded a $2.4 million...

August 12, 2022
Finance

ERG Secures Cash-Out Refi on Two Greenpoint Properties

ERG Commercial Real Estate has provided a $6-million refinance loan on two three-story brick...

August 10, 2022
Finance

ERG Delivers a $6 Million Refinance Loan on Two Brooklyn Mixed-Use Greenpoint Buildings

ERG Commercial Real Estate has provided a $6 million refinance loan on two, three-story brick...

July 12, 2022
Investment Sales

Lewis of ERG is sole broker in $980,000 sale of Queens multifamily

Queens, NY ERG Commercial Real Estate handled the sale of a three-story brick multifamily building...

May 10, 2022
Investment Sales

Lewis of ERG Commercial Real Estate reps. Parco Gas in $1.5 million industrial bldg. sale

Bohemia, NY ERG Commercial Real Estate delivered the sale of a Long Island industrial flex...

April 12, 2022
Finance

Guarino of ERG Commercial RE delivers $4.2 million in refinance loans

Carle Place, NY ERG Commercial Real Estate’s Mary Guarino has delivered a $2.7 million...

April 7, 2022
Investment Sales

Bohemia commercial property fetches $1.5M

A commercial property in Bohemia has traded for $1.5 million. All County Block & Supply,...

April 1, 2022
Spotlight

Commercial Corner-Ryan Lewis

Erg Commercial Real Estate recently promoted Ryan Lewis from senior advisor to managing director at...

March 18, 2022
Finance

ERG Commercial Real Estate Delivers $9M Refi for LES Building

ERG Commercial Real Estate has delivered a $9 million refinance loan to the owners of 176 Bowery on...

February 8, 2022
Investment Sales

Lewis of ERG Commercial RE is sole broker in $725,000 sale

Greenvale, NY ERG Commercial Real Estate delivered the sale of a mixed-use two-story building for...

December 28, 2021
Covid-19

2021 Year in Review: Mary Guarino, ERG Commercial Real Estate

What was the biggest lesson you learned while working during the pandemic? While working in...

May 12, 2021
Spotlight

Sell Now or Forever Hold Your Piece (of property)

Over the last year, property owners have experienced one of the greatest hardships in the history...

November 10, 2020
Guide

What To Do If Your Tenant Doesn’t Pay the Rent?

The idea of having a few properties to rent out of your own and make a living from is quite an...

August 14, 2020
Guide

The Long-Term Perspective

By the time this article is published, you would have already heard of Biden’s plan to eliminate...

July 23, 2020
Guide

Why Work with Mortgage Brokers?

During one of our company meetings, our new intern asked why anyone works with mortgage brokers....

July 7, 2020
Banking

How to Turn an 8% Cap Rate into a 14% Return on Equity

Recent policy changes on rent increases combined with the pandemic essentially halted all economic...

June 26, 2020
Banking, Covid-19

Lending in the Time of Covid-19

Nothing happens these days without the consideration of Covid-19. This is especially true for...

April 23, 2020
Banking, Covid-19

Covid-19 Banking Situation

We wanted to take a minute to give everyone an update on the current banking situation, which has...

September 16, 2019
Guide, Regulations

New Rent Regulations Guide

This summer there was a huge change made to the rent regulations in New York State. These rent regulation changes mainly affect New York City for the time being, but will now be able to have a broader affect if certain municipalities decide to participate in these regulations.