Boynton Beach-based real estate lender closes its first New York deal

Trez Forman Capital Group loaned almost $7M to fund construction of a 20-unit apartment building in the Astoria neighborhood of Queens in New York City

TRD MIAMI /
Dec.December 02, 2018 11:15 AM

Brett Forman

Boynton Beach-based commercial real estate lender Trez Forman Capital Group completed its first transaction in New York.

Brett Forman, president and CEO of Trez Forman, arranged the apartment construction loan, which closed on Nov. 20.

“Our team is aggressively monitoring the market for additional opportunities in New York and throughout the tri-state area,” Forman said in a prepared statement.

Trez Forman closed a loan of nearly $7 million to fund construction of a 20-unit apartment building in the Astoria neighborhood of Queens in New York City.

The apartment building at 30-38 29th Street in Queens will feature a virtual doorman, package locker, roof deck, bike storage, laundry facilities and 10 underground parking places.

Trez Forman, a joint venture between Forman Capital and Vancouver-based Trez Capital Group, expects to close more than $500 million in deals this year.

In addition to lending for real estate development and construction, Trez Forman also offers equity investment opportunities to private and institutional investors. – Mike Seemuth


Related Articles

arrow_forward_ios
Shoma Group CEO Masoud Shojaee and a rendering of Ten30 South Beach

Shoma nabs $18M construction loan for condos near Lincoln Road

Rendering of Wynwood 28 and Laurent Morali 

Kushner lands $18M loan for Wynwood projects

Matt Rieger and a rendering of Paradise Lake Apartments

Developer scores financing for West Kendall affordable housing project

Wynwood 25 and Wynwood Annex with Jon Paul Perez and Jonathon Yormak (Credit: East End Capital/Related Group)

Related, East End score $136M refi of Wynwood projects

These real estate power players are involved in 2019’s juiciest lawsuits (Credit: Getty Images)

Here are South Florida’s juiciest lawsuits of 2019

Best of TRD 2019 promo

Coming soon: The Real Deal’s Best of 2019

Madison Realty Capital'a Josh Zegen and Fort Partners' Nadim Ashi  

Four Seasons in Fort Lauderdale scores $210M loan

Daily Digest Miami

South Florida home sales struggle in October, Cipriani and Terra plan luxury condo

arrow_forward_ios
Loading...