Updated Oct 19, 2026
Black Bear Capital Partners ("BBCP") and Brandon Harris have successfully secured a $2.21 million refinance loan for their retail portfolio.
321 Handy Street, 588 Livingston Avenue & 586 Livingston Avenue
$2,212,500
$183/SF
Building Size
5,963 SF
Asset Type
Retail
Closing
May 5, 2025
About this deal
AI
The transaction involves a mixed-use commercial portfolio consisting of three properties located at 321 Handy Street, 588 Livingston Avenue, and 586 Livingston Avenue in the New Brunswick & North Brunswick market, encompassing a total square footage of 5,963. The refinance loan amount is $2,212,500 for these retail properties.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,212,500
- Lender: People’s Security Bank & Trust
- Broker: Brandon Harris - Black Bear Capital Partners
- Loan Type: Refinance
- Loan Terms: Refinance of a three property mixed-use commercial portfolio via a 5-year fixed rate loan featuring a 25-year amortization and flexible prepay.
This transaction is facilitated by Brandon Harris, who represents the broker agency Black Bear Capital Partners in this refinancing deal, ensuring the interests of the involved parties are effectively managed.
On the Map
$2,212,500
$183/SF
Retail
View full map
Players
New Brunswick Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
Loading comparables…
Deal FAQ
Visit Brandon Harris to view all their deals.
Browse New Brunswick retail loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.17%
Cash-on-Cash
-2.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93