Updated Sep 28, 2026
FINANCEDRetail
Black Bear Capital Partners (“BBCP”) is pleased to announce the successful closing of a $3.55 million refinancing for a retail strip center located in Kingston, PA.
United Penn Plz
$3,550,000
Building Size
—
Asset Type
Retail
Closing
Sep 3, 2026
About this deal
AI
A 31,621 square foot retail strip center located at 154-194 United Penn Plaza in Kingston, PA 18704 was successfully refinanced. The loan amount for this property was $3,550,000 and was structured as a five-year, fixed-rate loan that includes twelve months of interest-only payments. Black Bear Capital Partners facilitated this refinancing transaction.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,550,000
- Loan Type: Refinance
- Loan Terms: Five-year, fixed-rate loan with twelve months of interest only payments
- Capital Market Advisor: Brandon Harris - Black Bear Capital Partners
- Market: Kingston, PA
- Address: 154-194 United Penn Plaza
Brandon Harris represented Black Bear Capital Partners in this refinancing deal. The transaction highlights the efforts of the team to secure competitive financing solutions for retail properties in the local market.
On the Map
$3,550,000
Retail
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Kingston Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.47%
Cash-on-Cash
-1.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93