New Horizons Housing Refinances Multifamily Properties In Columbus, OH With $6.5M Loan From Peapack Gladstone Bank | 518 & 525 Town Street & 196-200 & 33 South Washington Avenue | Peapack Gladstone Bank | Emil DePasquale | MultiFamily | Loan

Summary

Loan

OHIO

MultiFamily

17,360 sqft

Peapack Gladstone Bank has provided a loan for the refinancing of a multifamily property located at 518 & 525 Town St. & 196-200 & 33 South Washington Ave. in Columbus, OH. The loan amount is $6,500,000 with a 7-year term and a fixed interest rate of 3.40%.

Summary of Transaction Details:

Asset Type: Multifamily
Lender: Peapack Gladstone Bank
Landlord: New Horizons Housing
Broker: Emil DePasquale - BlackBear Capital Partners
Loan Type: Refinance
Loan Amount: $6,500,000
Loan Terms: 7-year term with a fixed interest rate of 3.40%

The loan was facilitated by broker Emil DePasquale from BlackBear Capital Partners, representing the parties involved in the transaction.

Players

All
3

Agents
1
Agencies
1
Lenders
1

Emil DePasquale

Senior Managing Partner

$118.3M Sold

Black Bear Capital Partners

Peapack Gladstone Bank

Details

Deal Summary

FINANCED

IMAGE: Emil DePasquale DATE: 03/16/2021 ADDRESS: 518 & 525 Town St. & 196-200 & 33 South Washington Ave. MARKET: Columbus, OH ASSET TYPE: Multifamily LENDER: Peapack Gladstone Bank LANDLORD: New Horizons Housing BROKER: Emil DePasquale @BlackBearCapitalPartners LOAN TYPE: Refinance LOAN AMOUNT: $6,500,000 LOAN TERMS: 7-yr term featuring a fixed interest rate of 3.40%.

View on map

Address518 & 525 Town Street & 196-200 & 33 South Washington Avenue

Comparables

This user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want