Our Partnership with
Eastern Capital Group LLC
Through Industrie Capital Partners' ownership position in Eastern Capital Group, LLC, we've built a strong presence in real estate construction lending and residential development over the last twelve years. Since inception, Eastern Capital Group, LLC had originated and funded close to one billion dollars worth of bridge loans in New York City. Eastern Capital Group, LLC owns and manages a nine figure portfolio of loans in NYC backed by multi-family and commercial real estate.
PAST LOAN TRANSACTIONS:
19 E. 70th St., NYC
$15,000,000 first mortgage for a luxury townhouse in Manhattan, Upper East Side
81 Horatio St., NYC
$5,000,000 building loan agreement on a luxury 2 family home
in Manhattan's West Village - renovation project
227 Grand St., Brooklyn
$7,000,000 building loan agreement on a 41 residential unit and 3 commercial units
new construction project in Williamsburg, Brooklyn
807 Park Ave., NYC
Eastern Capital arranged and participated in the acquisition of and $11,000,000
first mortgage loan from Petra Capital on a nine story, three unit, luxury residential
building on Park Ave. at 74th St.
6833 Shore Rd., Brooklyn
$4,750,000 first and mezzanine loans on a 23 unit condominium building in Bay Ridge, Brooklyn.