New York Real Estate Journal

Pergolis Swartz Associates completes 12 financing transactions: $40.2 million

April 26, 2010 - Finance
According to Pergolis Swartz Associates, Inc., the firm has recently completed the following transactions: * A permanent mortgage in the amount of $11.3 million was arranged by Barry Swartz of Pergolis Swartz for two six-story walk up apartment buildings on East 23rd St. * A six story walk up apartment building located on West 106th St. was financed for $3.5 million. Barry Swartz arranged the transaction. * Jon Harrington of Pergolis Swartz obtained a $1 million permanent loan for a four-story office building with indoor parking on Willoughby Ave. in Brooklyn. *A permanent mortgage was negotiated by Barry Swartz in the amount of $4.65 million for two five-story walk-up apartment buildings on the Lower East Side. * A retail strip located on West 231st St. in the Bronx was financed by Barry Swartz in the amount of $1.4 million. * Barry Swartz arranged a permanent mortgage in the amount of $1.8 million for a one-story taxpayer with basement on Burnside Ave. in the Bronx. * A permanent loan in the amount of $2.45 million was closed by Barry Swartz for a retail strip center containing four tenants located on Flatlands Ave. in Brooklyn. * A line of credit was obtained by Ayush Kapahi, Jerry Swartz and Charles Yellen of Pergolis Swartz in the amount of $1.8 million for an existing client. * Barry Swartz negotiated and closed a permanent loan in the amount of $2 million for a three story parking garage on Lafayette St. * A permanent mortgage in the amount of $1.3 million was arranged by Barry Swartz for a free standing single story commercial building with parking and basement located in Port Washington, N.Y. * $8 million in permanent money was obtained by Barry Swartz and Richard Pergolis of Pergolis Swartz for a six story apartment building located on West 65th St. * Barry Swartz closed a permanent loan in the amount of $1 million for a single tenant retail store on Hillside Ave. in Williston Park, N.Y.