FINANCED
Black Bear Capital Partners Secures $2.2M Acquisition Loan For Retail Property In Towaco, NJ
446 Main Road
Retail
Financed 119 days ago
Summary
Loan
NEW JERSEY
Retail
The retail shopping center located at 446 Main Road in Towaco, NJ was involved in a loan transaction. The loan amount for this acquisition was $2,200,000. The property spans 13,000 square feet and is classified as a retail asset.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,200,000
- Address: 446 Main Road, Towaco, NJ
- Market: Towaco, NJ
The loan for the retail shopping center was provided by a balance sheet lender. It was a 5-year fixed rate loan with a short term interest-only period and flexible prepay options.
The transaction was facilitated by Brandon Harris from Black Bear Capital Partners, who served as the broker for this deal.
Players
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2
Agents
1
Agencies
1
Details
FINANCED
IMAGE: Brandon Harris
DATE: 01/05/2024
ADDRESS: 446 Main Road
MARKET: Towaco, NJ
ASSET TYPE: Retail
BROKER: Brandon Harris - Black Bear Capital Partners (@BlackBearCapitalPartners)
LOAN AMOUNT: $2,200,000
LOAN TYPE: Acquisition
LOAN TERMS: The retail shopping center, spanning 13k SF, was refinanced via a 5-year fixed rate loan featuring a short term interest-only period and flexible prepay. The financing was provided by a balance sheet lender.View on map
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Address446 Main Road
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