478
FORKS TOWNSHIP, PA. — New York City-based Black Bear Capital Partners (BBCP), a subsidiary of Black Bear Asset Management (BBAM), has arranged a $19.7 million construction loan for Sullivan Parke, a 102-unit multifamily project in the Lehigh Valley community of Forks Township. The borrower is a partnership between Ashley Development Corp. and BBAM. The four-building property will offer amenities such as a fitness center, outdoor grilling areas and storage spaces. Bryan Manz, Emil DePasquale, Brandon Harris and George Pektor of BBCP arranged the loan through Churchill Real Estate.