New York, NY — ERG Property Advisors, a full-service commercial real estate brokerage firm based in Manhattan, has officially announced a new strategic alliance with American Community Bank, based in Long Island. This newly-formed relationship will streamline the financing process for commercial real estate owners and buyers in the greater metro New York region.
“We’re happy to support this locally owned and operated Long Island bank, which is looking to grow, by providing them with a direct line to ERG’s experienced team of property and capital advisors,” said Andrew Walsh, senior director of finance at ERG. “Thanks to this unprecedented alliance, we’re also enhancing product and service offerings for our clients, who come back to us time and time again because they know we can complete transactions quickly and effectively.
”ERG and American Community Bank are already seeing their businesses grow in light of this new relationship. ERG has increased its team of property and capital advisors by about 15% to work with new commercial real estate transactions. American Community Bank introduced the bank’s offerings and services to a new set of prospective clients and potential partners at a kick-off celebration earlier this summer with ERG.
“We’re thrilled to launch this joint venture with ERG Property Advisors. Both of our companies offer personalized service and financial expertise to help real estate buyers and sellers secure the best possible transactions to accelerate the growth of their businesses,” said Anthony Capobianco, president of American Community Bank. “New York City and Long Island area businesses will benefit from working with our collaborative teams of highly seasoned and relationship-oriented professionals.”American Community Bank is headquartered in Nassau County and primarily works with clients in the Long Island area. The bank has four branches in Long Island, in Commack, East Northport, Glen Cove and Mineola.