Helios heralds in $30m in '09.

Helios Capital, LLC is pleased to announce that it has completed $30 million in mortgage loan transactions in the Tri-State area and Florida over the last seven months.

Since its inception, Helios Capital LLC has carved out a niche in the small balance, non-performing commercial loan market, purchasing non performing small-balance commercial real estate debt located in the Tri-State area and Florida with loan balances of $1 million to $50 million.

Specifically, Helios Capital LLC has closed $30 million in small balance commercial loan transactions over the past seven months, including the following recent deals:

* Brooklyn, New York--Helios Capital completed a $3.5 million loan transaction for a mixed-use, multifamily building, which is comprised of 5 residential units and a 5,000 s/f medical office space on the grade level of the property. This loan was sold at a compelling discount to one of Helios Capital's private investors.

* Harlem, New York--Helios Capital closed a $2.449 million structured sale of a 24 unit multi-family building in Harlem, New York. The sale, which included the sale of the property's debt as well as the deed-in-lieu for the building, gave the buyer a fee simple interest in the property.

* Wenonah, New Jersey--Helios Capital closed a $2.3 million loan transaction for a 35 unit multi-family building in Gloucester County, New Jersey on behalf of a local bank.

"Despite the unique challenges that are currently in place in the commercial mortgage loan space, we have found that there are a number of significant opportunities available to our clients in the Tri-State and South Florida markets in particular," commented Malka.

"These are exciting times for us and we look forward to continuing to utilize our experience and contacts in order to find investment opportunities for our clients as we continue to grow and expand into new markets," Malka continued in saying.