Noteworthy Accomplishments of Jonathan Aghravi - Capital Advisor

Based in New York City, Jonathan Aghravi is senior director in capital advisory at Eastern Consolidated, a real estate investment services firm. Having garnered valuable experience in the profession, first as a loan underwriter with Freddie Mac, Jonathan Aghravi's role at Eastern Consolidated has enabled him to close several very prolific deals in real estate loans.

One such deal took place in August 2014 and included the purchase of an office tower in Los Angeles through a $65,000 securitized loan. The loan spanned 10 years, was interest-only, and full term, and Mr. Aghravi arranged the deal so his client received a concise, cost-effective leverage. 

Another accomplished deal occurred at an Upper East Side co-op property, in which Mr. Aghravi was able to instill a $4,500,000 refinancing arrangement. Another successful refinancing took place in New York City's Gramercy Park, wherein he secured a $3,500,000 loan to refinance the 37-unit residential building.

In June 2014, Jonathan Aghravi was able to secure an $18,000,000 bridge loan for a development project in Manhattan's Rockefeller Center. There was a very short window in which a lender could be identified, and, on short notice, he was impressively able to utilize a nontraditional transaction to close the deal with his client.

Recent Eastern Consolidated Capital Advisory Group Transactions

As senior director of capital advisory with Eastern Consolidated in New York City, Jonathan Aghravi provides capital solutions that optimize lending institution and real estate investment relationships. Transactions Jonathan Aghravi has completed since starting the firm’s Capital Advisory Group include a $6.25 million cash-out refinance on behalf of a foreign investor group in June 2014. This mortgage on a mixed-use property on Church Street in Manhattan has had a positive impact, in freeing up capital that can be utilized for other investment projects.

The following month, Mr. Aghravi closed a $7 million loan with Investors Bank for refinancing a mixed-use property at 3612 Broadway in Manhattan. The terms for this mixed-use property refinancing were optimized to ownership group requirements. In July 2014, Mr. Aghravi placed a $3.7 million loan that will refinance a mixed-use property in Brooklyn’s Boerum Hill neighborhood. In addition to refinancing the existing note, this transaction enables needed upgrades, such as unit renovations, to proceed.                            

Mortgage Brokers Association Celebrate Professionals at Breakfast

As senior director of the New York-based Eastern Consolidated, Jonathan Aghravi works closely with clients to optimize their capital solutions. Prior to joining Eastern Consolidated in late 2013, he served as a principal at Hybrid Capital, also in New York. Outside of his office, Jonathan Aghravi belongs to several organizations, including the Young Mortgage Brokers Association (YMBA).

Established in 1967, the YMBA helps young real estate professionals excel in the finance and real estate industries. Its members include appraisers, mortgage brokers, bankers, and environmental consultants. The YMBA also helps bridge the gap between senior and emerging executives within the industry.

To facilitate networking, the YMBA hosts several events throughout the year. On January 23, 2014, the YMBA held a breakfast with keynote speaker Michael Stern of JDS Development Group. Held at Herrick Feinstein in New York City, the breakfast celebrated Mortgage Observer's list of top 20 mortgage professionals under the age of 35. Mortgage Observer is a publication dedicated to the real estate market. Dennis Russo of Herrick Feinstein moderated the breakfast.