Prestige Group Refinances The Marketplace At Huntingdon Valley For $42M | 2010 County Line Road | Robert (Bob) Cohen | Retail | Loan

Summary

Loan

PENNSYLVANIA

Retail

259,000 sqft

The Marketplace at Huntingdon Valley, a Philadelphia shopping center, has secured $42 million in refinancing. The property is located at 2010 County Line Road and spans 259,000 square feet on 49 acres. Anchored by Weis Markets and LA Fitness, this retail asset is situated in Huntingdon Valley, PA.

Summary of transation details

Property Type: Retail
Transaction Amount: $42,000,000
Loan Type: Refinance

Prestige Group, represented by Bob Cohen, facilitated the refinancing deal for The Marketplace at Huntingdon Valley. The financing package includes a senior loan of $25 million and a junior loan of $17 million. These loans were secured from undisclosed regional banks.

Players

All
1

Agents
1

Robert (Bob) Cohen

Executive Vice President & Director of the Consulting and Financing Divisions

Details

Deal Summary

FINANCED

IMAGE: Bob Cohen DATE: 06/12/2023 ADDRESS: 2010 County Line Road MARKET: Huntingdon Valley, PA ASSET TYPE: Retail ~ SF: 259,000 ~ ACRES: 49 BROKER: Bob Cohen - Prestige Group LOAN AMOUNT: $42,000,000 LOAN TYPE: Refinance NOTE: Prestige Group arranged $42 million in refinancing for The Marketplace at Huntingdon Valley, a Philadelphia shopping center anchored by Weis Markets and LA Fitness. The financing includes a $25 million senior loan and a $17 million junior loan from undisclosed regional banks.

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Address2010 County Line Road

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