Black Bear Asset Management Borrows $53.9M For MultiFamily In Bronx From Morgan Stanley

The property transaction at 3041 Holland Ave, New York, NY, 10467 in Bronx involved a MultiFamily asset. The loan amount secured for this property was $53,900,000.00. The borrower's representative for this deal was Robert (Rob) Serra from Black Bear Asset Management, who also acted as one of the brokers. The lender in this transaction was Morgan Stanley.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $53,900,000.00
• Address: 3041 Holland Ave, New York, NY, 10467
• Market: Bronx
• Borrower's Representative: Robert (Rob) Serra (Black Bear Asset Management)
• Broker: Robert (Rob) Serra (Black Bear Asset Management)
• Lender: Morgan Stanley

Robert (Rob) Serra, representing Black Bear Asset Management, not only served as the borrower's representative but also acted as one of the brokers in this transaction. The involvement of Morgan Stanley as the lender further highlights the key players in this significant deal.