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Black Bear Capital Arranges $39M Loan for Refinancing of Long Island Apartment Complex
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Black Bear Capital Arranges $39M Loan for Refinancing of Long Island Apartment Complex
CENTRAL ISLIP, N.Y. — Black Bear Capital Partners (BBCP) has arranged a $39 million loan for the refinancing of Villas at Eastview, a 100-unit apartment complex located in the Long Island community of Central Islip. The property consists of 11 buildings on an 8.6-acre site. Units exclusively come in two-bedroom floor plans and have an average size of 1,295 square feet. Emil DePasquale and Robert Serra of BBCP arranged the loan, which carries a s…
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