JG Capital, LLC

Real Estate Weekly,  May 7, 2008  

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JG Capital, LLC has announced the following transactions:

* A first mortgage in the amount of $2,500,000 was issued on a 6-story elevator building containing 49 units on E. 203rd Street in the Bronx. The loan featured a 5-year term and will benefit from a fixed rate of 5.35%. Jason Au negotiated the transaction.

* A first mortgage in the amount of $1,200,000 was issued on a 6-story elevator building containing 23 units on Bedford Park Blvd in the Bronx. The loan featured a 5-year term and will benefit from a fixed rate of 5.35%. Jason Au negotiated the transaction.

* A bridge loan in the amount of $750,000 was issued on a 5-story commercial building with four offices and one store on Broadway in Brooklyn. The loan featured a 2-year term and will benefit from a fixed rate of 13%. Jason Au negotiated the transaction.

* A bridge loan in the amount of $650,000 was issued on a 5-story apartment building with six apartments on Sterling Pl. in Brooklyn. The loan featured a 2-year term and will benefit from a fixed rate of 8%. Jason Au negotiated the transaction.

* A second mortgage in the amount of $500,000 was issued a 4-story mixed use building containing 4 apartments and a store on E. 15th Street in Manhattan. The loan featured a 3-year term and will benefit from a fixed rate of 13%. Jason Au negotiated the transaction.

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