© 2024 Arizent. All rights reserved.

Helios Capital Closes $30 Million in Loan Transactions

 

Helios Capital, LLC, has completed $30 million in mortgage loan transactions in the Tri-State area and Florida over the last seven months.Helios Capital, LLC, has completed $30 million in mortgage loan transactions in the Tri-State area and Florida over the last seven months.The New Jersey-based commercial loan advisory firm was founded in January of this year by Jonathan Horn, senior managing director, and Josh Malka, managing director. The two are former New York-based private equity managers. The firm is also an affiliate of Onyx EquitiesHelios specializes in individual loan and portfolio sales in the secondary market for the acquisition and disposition of commercial mortgage loans. It also aims to facilitate and make the bank loan trading process between financial institutions and investors more efficient.The firm recently closed three deals that contribute to its small balance commercial loan transactions. The first deal completed in Brooklyn, New York, totaled $3.5 million for a mixed-use, multifamily building comprised of five residential units and a 5,000-square-foot medical office space sold to one of Helios’ private investors.Another deal completed in Harlem, New York, totaled $2.449 million for the structured sale of a 24 unit multi-family building.A third deal completed in Wenonah, New Jersey, totaled $2.3 million for a 35 unit multi-family building in Gloucester County on behalf of a local bank.Helios Capital, LLC, has completed $30 million in mortgage loan transactions in the Tri-State area and Florida over the last seven months.Helios Capital, LLC, has completed $30 million in mortgage loan transactions in the Tri-State area and Florida over the last seven months.

The New Jersey-based commercial loan advisory firm was founded in January of this year by Jonathan Horn, senior managing director, and Josh Malka, managing director. The two are former New York-based private equity managers. The firm is also an affiliate of Onyx Equities.

Helios specializes in individual loan and portfolio sales in the secondary market for the acquisition and disposition of commercial mortgage loans. It also aims to facilitate and make the bank loan trading process between financial institutions and investors more efficient.

The firm recently closed three deals that contribute to its small balance commercial loan transactions. The first deal completed in Brooklyn, New York, totaled $3.5 million for a mixed-use, multifamily building comprised of five residential units and a 5,000-square-foot medical office space sold to one of Helios’ private investors.

Another deal completed in Harlem, New York, totaled $2.449 million for the structured sale of a 24 unit multi-family building.

A third deal completed in Wenonah, New Jersey, totaled $2.3 million for a 35 unit multi-family building in Gloucester County on behalf of a local bank.

 

For reprint and licensing requests for this article, click here.
ABS
MORE FROM ASSET SECURITIZATION REPORT