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Black Bear Capital Partners (“BBCP”) and Brandon Harris have successfully represented the landlord in a retail refinance deal worth $3.43 million.

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FINANCED
$3,430,000

New Jersey

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Retail15,348 SF
Financed
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FINANCED

Black Bear Capital Partners (“BBCP”) and Brandon Harris have successfully represented the landlord in a retail refinance deal worth $3.43 million.

1982 Washington Valley Road

See Similar Deals
Retail15,348 SF
Financed
Contact now

Summary

NEW JERSEY
Asset Type:Retail
Price Per Square Foot:$223
Total Square Footage:15,348 SF
Transaction Type:Loan

The property asset involved in this transaction is a retail shopping center located at 1982 Washington Valley Road in Martinsville. It has a total square footage of 15,348. The transaction revolves around a loan amount of $3,430,000 which is a refinance deal for the mentioned retail space.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $3,430,000
  • Loan Type: Refinance
  • Loan Terms: 5-year fixed rate loan featuring a 30-year amortization
  • Lender: Spencer Savings Bank
  • Landlord's Representative: Brandon Harris - Black Bear Capital Partners

This transaction highlights the key players involved in the refinancing of the retail shopping center, including Spencer Savings Bank as the lender. Brandon Harris, representing Black Bear Capital Partners, is noted as the landlord's representative in this deal.

Players

Brandon Harris
73 deals$1.1B volume
BROKER

Details

FINANCED
IMAGE: Brandon Harris DATE: 09/19/2025 ADDRESS: 1982 Washington Valley Road MARKET: Martinsville ASSET TYPE: Retail ~ SF: 15,348 LENDER: Spencer Savings Bank LANDLORD'S REP: Brandon Harris - Black Bear Capital Partners (@BlackBearCapitalPartners) LOAN AMOUNT: $3,430,000 LOAN TYPE: Refinance LOAN TERMS: Refinance of a 15,348 SF retail shopping center with a 5-year fixed rate loan featuring a 30-year amortization

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$3,430,000.00

Monthly NOI$22,866.67
Monthly Debt Service$21,679.93
Change in Cash Flow$0.00
Refinance Proceeds$0.00