FINANCED
Black Bear Capital Partners Arranges $7.4M Refinance Loan For Retail Property On N Broadway, Pennsville
251 N Broadway
Retail
Financed 242 days ago
Summary
Loan
NORTH CAROLINA
Retail
The retail property located at 251 N Broadway in Pennsville, NJ was involved in a loan transaction. The loan amount for this property was $7,400,000, and it was a refinancing loan.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $7,400,000
- Loan Type: Refinance
- Loan Terms: The grocery anchored shopping center, spanning 140k SF, was refinanced via a 5-year fixed-rate loan featuring a 25-year amortization, flexible prepay, strategic release provisions, and was provided by a balance sheet lender.
Brandon Harris from Black Bear Capital Partners represented the property in the loan transaction.
Players
All
2
Agents
1
Agencies
1
Details
FINANCED
IMAGE: Brandon Harris
DATE: 09/19/2023
ADDRESS: 251 N Broadway
MARKET: Pennsville, NJ
ASSET TYPE: Retail
BROKERS: Brandon Harris - Black Bear Capital Partners
LOAN AMOUNT: $7,400,000
LOAN TYPE: Refinance
LOAN TERMS: The grocery anchored shopping center, spanning 140k SF, was refinanced via a 5-year fixed-rate loan featuring a 25 year amortization, flexible prepay, strategic release provisions, and was provided by a balance sheet lender.
,NJView on map
Loading...
Address251 N Broadway
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want