Black Bear Capital Partners (“BBCP”) is pleased to announce the successful closing of a $9,100,000 fixed-rate loan, five-year term to refinance an 81-unit multifamily property located in Morristown, NJ
FINANCED
$9,100,000
New Jersey
See Similar DealsMultiFamily
Financed 04/23/2026
FINANCED
Black Bear Capital Partners (“BBCP”) is pleased to announce the successful closing of a $9,100,000 fixed-rate loan, five-year term to refinance an 81-unit multifamily property located in Morristown, NJ
185 Speedwell Avenue
See Similar DealsMultiFamily
Financed 04/23/2026
Summary
NEW JERSEY
Asset Type:MultiFamily
Transaction Type:Loan
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$9,100,000.00
Monthly NOI$60,666.67
Monthly Debt Service$57,518.19
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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