Thank you for sharing!

Your article was successfully shared with the contacts you provided.
2515 Olinville Ave.

NEW YORK CITY- Finkelstein Timberger East Real Estate, a real estate owner and management company that manages residential apartment buildings, has secured a $63.8 million loan from Morgan Stanely to refinance an eight-property multifamily portfolio in the Bronx. Black Bear Capital Partners, a real estate financial advisory firm, arranged the loan on behalf of Finkelstein. 

The loan has a fixed interest rate of 4 percent and ten years of full-term, interest-only payments. Comprised of 429 units, the eight multi-family properties are located at 271 E 197th St., 686 Rosewood Ave., 2505 Olinville Ave., 3215 Holland Ave., 1475 Sheridan Ave., 2305 University Ave., 2315 Walton Ave. and 2515 Olinville Ave. 

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Mariah Brown

Mariah Brown is the New York Bureau Chief and Real Estate Reporter for GlobeSt.com, covering the New York Metro area, Northeast region and national real estate trends. She is responsible for producing multi-media content, including articles, podcasts and video. Before joining the GlobeSt team, she served as a New York Times fellow, reported for the Associated Press in New York and Philadelphia and several other New York City-based outlets.

More from this author


GlobeSt. Multifamily Spring 2022 (Formerly APTS)Event

Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt
Live Chat

Copyright © 2022 ALM Media Properties, LLC. All Rights Reserved.