New York CityNew York City

Jason Au Arranges $9,145,000 in Mortgage Financing

Jason Au, Director of Finance at  Brick Capital Group LLC, arranged mortgage financing in the aggregate amount $9,145.000 for the following properties.

A new mortgage of $3,430,000 that is collateralized by a class B office building located on Expressway Drive South in Medford, New York. The loan features a five year fixed rate of interest of 3.375% with no pre-payment penalty.

A new mortgage of $2,660,000 that is collateralized by a retail strip center located on Liberty Avenue in Queens, New York. The loan features a seven year fixed rate of interest at  4% with no pre-payment penalty.

A new mortgage of $1,500,000 that is collateralized by a  4 story walk up apartment building, containing 16 apartments,  located on 84th Street, in Brooklyn, New York. The loan features a seven year fixed rate of interest at 3.625% and includes a 5 year renewal option.

A new mortgage of $1,000,000 that is collateralized by a 4 story mixed use building, containing 3 units, located on Madison Avenue  in Manhattan. The loan features a seven year fixed rate of interest rate at 3.20% and self-liquidates.

A new mortgage of $555,000 that is collateralized by a 3 story walk up apartment building, containing 6 units, located on 77th Street in Brooklyn, New York. The loan features a five year fixed rate of interest at  4%.