C&N Bank Provides $3.6M Refinance Loan For Retail Property In Philadelphia

The retail property located at 915-919 Levick Street in Philadelphia, PA, with a total square footage of 175,403, has undergone a refinancing transaction. The property is owned by Barry Bernsten and was financed by C&N Bank for an amount of $3,645,000.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $3,645,000
• Address: 915-919 Levick Street, Philadelphia, PA
• Market: Philadelphia, PA
• Lender: C&N Bank
• Landlord: Barry Bernsten
• Brokers: John Libretti - Progress Capital

John Libretti from Progress Capital represented the landlord, Barry Bernsten, in the refinancing deal. The loan provided by C&N Bank will help to maintain the property and potentially fund further improvements.