G4 Capital Partners Provides $232.5M Loan For Gramercy Resi Condo Inventory

215 East 19th Street, located in the Gramercy market, was recently involved in a closed transaction. The property is a residential condominium, consisting of 122 units. The deal involved a loan of $232,500,000 and was secured by the Chetrit Group, represented by Joe Chetrit, and Clipper Equity, represented by David Bistricer. The lenders in this transaction were Robyn Sorid and Jason Behfarin of G4 Capital Partners. Galaxy Capital Solutions served as the brokers for the deal.

Summary of transaction details:

• Property Type: Residential Condo
• Transaction Amount: $232,500,000
• Address: 215 East 19th Street
• Market: Gramercy
• Loan: 122 Unit Condo Inventory Loan

The key individuals and companies involved in this deal include Robyn Sorid and Jason Behfarin from G4 Capital Partners, who provided the loan. The property was secured by Joe Chetrit of the Chetrit Group and David Bistricer of Clipper Equity. In this transaction, Galaxy Capital Solutions acted as the brokers.