Black Bear Capital Partners ("BBCP") and Brandon Harris have effectively acted on behalf of the landlord in securing a $10 million refinancing agreement for a multifamily property in Niles.
FINANCED
$10,000,000
MultiFamily
Financed
FINANCED
Black Bear Capital Partners ("BBCP") and Brandon Harris have effectively acted on behalf of the landlord in securing a $10 million refinancing agreement for a multifamily property in Niles.
1225 North Road
See Similar DealsMultiFamily
Financed
Summary
OHIO
Asset Type:MultiFamily
Transaction Type:Loan
A refinance transaction involves a 305-unit multifamily property located at 1225 North Road in Niles. The loan amount for this property is $10,000,000 and it is secured through CBS (Cooperative Business Services), structured as a 5-year fixed-rate loan with a 25-year amortization schedule.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $10,000,000
- Loan Type: Refinance
- Units: 305
- Lender: CBS (Cooperative Business Services)
- Landlord's Rep: Brandon Harris - Black Bear Capital Partners
- Address: 1225 North Road
- Market: Niles
The transaction was facilitated by Brandon Harris representing the landlord through Black Bear Capital Partners, ensuring the smooth execution of the refinance process with CBS as the lending institution involved.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Lenders
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Similar News
No recent news available for this market
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Listings
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$10,000,000.00
Monthly NOI$66,666.67
Monthly Debt Service$63,206.80
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions