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Bronx investor refinances trio of properties with $25M loan

Black Bear Capital Partners (BBCP) has arrangedĀ $25.5 million Ā in permanent financing on behalf ofĀ a private investor for the refinance of threeĀ multi-family properties in the Bronx, NY.Ā  The properties are owned by longtime investor Edward Friedman’s Friedman Realty, according to public records. TheĀ $25.5 millionĀ loan, provided byĀ Fannie MaeĀ throughĀ PGIM Real Estate’s Ā agency lending program, featured a fixed interest rate of 3.14 percentĀ for 12 years with five years of interes...
Phil Bowman Bryan Manz Emil Depasquale Jack Cohenof Edward Friedman Realty Fannie Mae

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