Capital Advisory Services
Eastern Consolidated's seasoned team of advisors have a strong and diverse track record of structuring, originating, and delivering commercial real estate debt and equity transactions on behalf of the owners of a variety of asset classes including office, multifamily, hospitality, and development sites for projects initiated by a variety of developers and owners.
|3 Year||1.52%||3 Year||1.15%||1 Month||0.98%||Bank Prime Rate||3.50%|
|5 Year||1.95%||5 Year||1.28%||3 Month||1.16%|
|7 Year||2.22%||7 Year||1.41%||6 Month||1.43%|
|10 Year||2.40%||10 Year||1.58%||1 Year||1.82%|
*Current rates as of 04:00 a.m. 03/23/2017
Hakim and Murad of Eastern Consolidated arrange $120 million; Bank of the Ozarks and Square Mile Capital provide loans to Mcsam Hotel Group
Eastern Consolidated’s Capital Advisory Division has arranged a debt and equity package totaling $120 million to finance the construction of 25-story, 520-key Hyatt Place Hotel at 350 West 39th St. for the Mcsam Hotel Group led by Sam Chang.
$85M Loan Closes in 3 Weeks
Ormonde Equity received an $85 million permanent loan to refinance the Ormonde at 2030 Broadway (also known as 154th W. 70th St.) in just three weeks.
Eastern Consolidated Arranges $26.4M Loan for Multifamily Property in Brooklyn
Eastern Consolidated has arranged a $26.4 million bridge loan from G4 Capital that will fund the recapitalization of a ground lease at 285 Schermerhorn St. in Brooklyn.