The transaction involves a multifamily asset in Guttenberg, NJ, with a loan amount of $1,500,000. This is categorized as a liquidity loan and is secured by both soft preferred equity and a 50% equity pledge on various multifamily properties. The loan terms include a 2-year fixed-rate facility with full-term interest-only payments.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,500,000
• Lender: Black Bear Asset Management
• Landlord: Echevarria Industries
• Broker Representing the Landlord: Emil DePasquale - Black Bear Capital Partners
• Broker Representing the Landlord: William McGovern - Black Bear Capital Partners
• Loan Type: Liquidity loan
• Loan Terms: 2-year, fixed-rate facility with full-term interest-only payments

Emil DePasquale and William McGovern are the brokers representing Echevarria Industries in this transaction, indicating their involvement in securing financing through Black Bear Asset Management for the multifamily asset.