Morgan Stanley Provides $77.7M Loan For Bronx Multifamily Portfolio
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This MultiFamily property located in NY received a loan of $77,700,000 about 4 years ago. The brokers of the deal were Phil Bowman, Robert (Rob) Serra, Bryan Manz, and Emil DePasquale
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- Location1299 Grand Concourse, The Bronx, NY 10452, USA
- Loan Value$77,700,000
- Asset TypeMultiFamily
- Parties4 Brokers, 2 Agencies, 1 Lender
Agents
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Deal Summary
DATE: 02/07/2020
ADDRESS: 1299 Grand Concourse, 2500 University Avenue, 2785 Sedgwick Avenue, 3018 Heath Avenue, 1576 Taylor Avenue, 2505 Aqueduct Avenue, 1264-1270 Gerard Avenue, 1945 Loring Place
MARKET: Bronx
ASSET TYPE: Multifamily
LENDER: Morgan Stanley
BROKERS: Bryan […]
LOAN AMOUNT: $77,700,000
LOAN TERMS: 3.635% (10-year, fixed-rate, interest-only loan)
PROPERTIES: 8
UNITS: 537 (528 residential, 9 retail)
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1299 Grand Concourse, 2500 University Avenue, 2785 Sedgwick Avenue, 3018 Heath Avenue, 1576 Taylor Avenue, 2505 Aqueduct Avenue, 1264-1270 Gerard Avenue, 1945 Loring Place
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