FINANCEDRetail
Black Bear Capital Partners (“BBCP”) is pleased to announce the successful closing of a $1,500,000 refinancing for a retail asset in Burlington, New Jersey
1700 Columbus Road
$1,500,000
Building Size
—
Asset Type
Retail
Closing
Jul 2, 2026
AI
The asset involved in this transaction is a retail property located at 1700 Columbus Road in Burlington, New Jersey. The property is part of the retail market sector and has secured a loan amount of $1,500,000. The refinancing is structured as a five-year, fixed-rate loan at a competitive rate.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,500,000
- Lender: Peoples Security Bank & Trust
- Landlord: Joseph E. Pintinalli
- Capital Market Advisor: Emil DePasquale - Black Bear Capital Partners
- Loan Type: Refinance
- Loan Terms: Five-year, fixed-rate loan
The transaction showcases the expertise brought by Emil DePasquale, who acts as the Capital Market Advisor for Black Bear Capital Partners in facilitating this refinancing. The lender for this loan transaction, Peoples Security Bank & Trust, plays a crucial role in providing the necessary financing for the retail asset involved.
Players
Burlington 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
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93