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.
