ERG Commercial Real Estate Company Research Report
Company Overview
Name: ERG Commercial Real Estate
Mission: To provide exceptional service and synergistically enhance clients' commercial real estate advisory needs through sales, financing, workouts, and 1031 exchanges.
Founded By: Founded by real estate veterans with over 75 years of combined experience. Specific names of founders not provided.
Key People:
- James V. Guarino: Chairman
- Ryan Lewis: Managing Director
- Mary Guarino: Finance Director
- Matthew Murphy: Senior Advisor
- Yenny Melelli: Head of Operations & Recruitment
Headquarters: 255 Glen Cove Road, Carle Place, NY 11514
Number of Employees: No information is available
Revenue: No information is available
Known For: ERG is widely recognized as a leading commercial real estate brokerage firm in the New York-Metro area. Known for its combination of large firm knowledge with small firm service, ERG offers expertise in investment sales, commercial lending, and private financing, along with property management.
Products and Services
Commercial Real Estate Sales:
- Specialized in selling commercial investment properties across New York City, Long Island, and Westchester, including multifamily, mixed-use, development sites, industrial, and retail properties.
Capital Advisors:
- ERG provides strategic financial advisement to aid in investment and commercial ventures.
Private Financing:
- Offers private and flexible financing solutions tailored to client needs.
Commercial Property Management:
- Manages commercial properties ensuring optimal operational efficiencies.
Key Features:
- Sales Expertise: Knowledge in navigating complex transactions and market trends.
- Financing Acumen: Capital strength from a direct private lender angle.
- Market Insight: Deep-seated relationships with financial institutions provide unique market perspectives.
Recent Developments
Recent Loans and Financial Transactions:
- October 15, 2024: ERG brokered a $7.5 million bridge loan for Skyland Management to refinance debt on three adjoining vacant lots in Manhattan.
- October 14, 2024: Completed a $600,000 line of credit on an office building in Lynbrook, NY.
Recent Property Listings and Sales:
- Featured sales include multifamily buildings and commercial properties, notably in Manhattan and the greater New York area.
Strategic Partnerships:
- ERG has cultivated strong relationships with banks and clients, enhancing their ability to provide comprehensive real estate advisory and solutions.
Contact Information
- Address: 255 Glen Cove Road, Carle Place, NY 11514
- Email: info@ergcre.com
- Phone: 212.807.6640
This report captures the essential aspects of ERG Commercial Real Estate from available data, focusing on its services, key people, and recent corporate actions. Some details such as the exact number of employees and revenue figures are not available.