Bandon Capital Advisors, Inc. Provides $24.05M Refinance Loan In Little Ferry

The property located at 250 Bergen Turnpike in Little Ferry, NJ, is a retail asset spanning 129,329 square feet. The recent transaction involved a loan for a refinancing purpose, with a total amount of $24,050,000 provided by Bandon Capital Advisors, Inc.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $24,050,000
• Market: Little Ferry, NJ
• Lender: Bandon Capital Advisors, Inc.
• Broker: Kamron F. Aghevli - Bandon Capital Advisors, Inc
• Loan Type: Refinance
• Loan Terms: 5 Year Interest Only; Non-Recourse; Cash-Out Refinance

The loan deal was facilitated by Kamron F. Aghevli from Bandon Capital Advisors, Inc., representing the lender. The agreement includes terms of a 5-year interest-only repayment plan and a unique feature of being a non-recourse loan, allowing for a cash-out refinance option.