Black Bear Capital Partners (“BBCP”) is pleased to announce the successful acquisition financing of a 73-unit multifamily property located in Bronx, NY.

1820 Loring Place South

$3,048,000

Units

73

Asset Type

MultiFamily

Closing

Aug 13, 2026

AI

A 73-unit multifamily property is located at 1820 Loring Place South in the Bronx, NY 10453. The acquisition financing for this property amounted to $3,048,000, structured with a 5-year term, featuring a fixed interest rate and full term interest-only payments.

Summary of transaction details:

Property Type: MultiFamily
Transaction Amount: $3,048,000
Market: Bronx
Lender: Argentic
Borrower: FTERE (Finkelstein Timberger East Real Estate)
Capital Market Advisors: Bryan Manz & Emil DePasquale - Black Bear Capital Partners
Loan Type: Acquisition
Loan Terms: 5-year term, fixed interest rate, full term interest only payments

The financing was facilitated by Black Bear Capital Partners, represented by Bryan Manz and Emil DePasquale, who played key roles in structuring the acquisition financing for the transaction.

Players