REBusinessOnline

Bellwether Enterprise Provides $11.7M in Agency Financing for Mixed-Income Complex in The Bronx

NEW YORK CITY — Bellwether Enterprise Real Estate Capital has provided an $11.7 million Freddie Mac permanent loan for Bronxview at Serviam, a newly constructed mixed-income complex located at 2885 Marion Ave. The eight-story building houses 26 one-bedroom units, 66 two-bedroom apartments and 22 three-bedroom residences. Jim Gillespie of Bellwether Enterprise originated the financing on behalf of the borrower, Fordham Bedford Housing Corp. The loan carried a 30-year term and a fixed interest rate.

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