Black Bear Capital Partners Arranges $11.05MM Loan For Acquisition Of The Villas At Willow Run

Willow Run (Part of The Willows Communities), Utley Place, Willow Street, PA, USA

$11,050,000

$8,358/SF

Building Size

1,322 SF

Asset Type

MultiFamily

Closing

Apr 8, 2021

AI

The Villas at Willow Run, a 72-unit, 12-building townhouse community located in Willow Street, PA, has been acquired through the arrangement of $11.05 million in first mortgage financing by Black Bear Capital Partners. The loan was provided by Morgan Stanleyand has a term of 10 years fixed at 3.74% interest rate. The loan allows for full-term interest-only payments.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $11,050,000
Address: The Villas at Willow Run, Willow Street, PA
Market: Willow Street, PA
Lender: Morgan Stanley
Landlord: Laub Realty
Brokers: Bryan Manz, Brandon Harris & Phil Bowman - Black Bear Capital Partners

Black Bear Capital Partners played a key role in arranging the mortgage financing for the acquisition of The Villas at Willow Run. Bryan Manz, Brandon Harris, and Phil Bowman of Black Bear Capital Partners served as the brokers in the deal, representing the buyer. Laub Realty acted as the landlord in the transaction.

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