FINANCED
Laub Realty Acquires 33-Unit Multifamily Property In Bethlehem, PA With $5.9M Loan From PGIM
910 Fire Lane
MultiFamily
10 SF
10 SF
Financed 186 days ago
Summary
Loan
PENNSYLVANIA
MultiFamily
10 sqft
The multifamily property located at 910 Fire Lane in Bethlehem, PA has been acquired via a loan. The property comprises 33 units and is owned by Laub Realty.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $5,901,000
- Units: 33
- Lender: PGIM
- Landlord: Laub Realty
The loan used for the acquisition of this multifamily property was a 10-year non-recourse fixed rate loan provided by PGIM. The loan terms include full-term interest only payments.
The deal was brokered by Brandon Harris from Black Bear Capital Partners, representing Laub Realty in this transaction.
Players
All
2
Agents
1
Agencies
1
Details
FINANCED
IMAGE: Brandon Harris
DATE: 10/31/2023
ADDRESS: 910 Fire Lane
MARKET: Bethlehem, PA
ASSET TYPE: Multifamily ~ UNITS: 33
LENDER: PGIM (@PGIM)
LANDLORD: Laub Realty
BROKERS: Brandon Harris - Black Bear Capital Partners (@BlackBearCapitalPartners)
LOAN AMOUNT: $5,901,000
LOAN TYPE: Acquisition
LOAN TERMS: The acquisition of the multifamily property, spanning 33 units, was financed with a 10-year non-recourse fixed rate loan featuring full-term interest only.View on map
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Address910 Fire Lane
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