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101 125 Bernal Road

BISON Partners Secures $29.05 Million Acquisition Loan From Forbright Bank For Retail Asset In San Jose
FINANCEDRetail

BISON Partners Secures $29.05 Million Acquisition Loan From Forbright Bank For Retail Asset In San Jose

101 125 Bernal Road

$29,049,000

Building Size

Asset Type

Retail

Closing

Sep 5, 2025

AI

The property asset involved in the transaction is located at 101-125 Bernal Road in San Jose. It is categorized as retail and involves a loan amount of $29,049,000, structured as an acquisition loan.

Summary of transaction details:

The deal features the involvement of brokers Alex Olson, Todd Sugimoto, Lauren Sackler, and Danny Ryan, who represent the parties in this transaction, facilitating the loan arrangement between Forbright Bank and BISON Partners.

Players

Todd Sugimoto

JLL

Broker

$1.3B

vol

8 deals

Broker
Forbright Bank
Forbright BankLender

San Jose Retail Market Snapshot

Boundary boundary · Retail · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.55%

Cash-on-Cash

-0.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93