Emil DePasquale Of Black Bear Capital Partners Secures $5.635M Refinance For 6 Linden Avenue East
The asset involved in this transaction is an Industrial Outdoor Storage facility located at 6 Linden Avenue East, Jersey City, NJ, with a total area of 322,344 square feet. The loan amount for this property is $5,635,000, under a refinance structure with terms of a 5 + 5-year fixed rate based on a 25-year amortization schedule.
Summary of transaction details:
- Property Type: Industrial Outdoor Storage
- Transaction Amount: $5,635,000
- Loan Type: Refinance
- Loan Terms: 5 + 5-year fixed rate loan based on a 25-year amortization
- Broker: Emil DePasquale - Black Bear Capital Partners
The key individual representing the transaction is Emil DePasquale from Black Bear Capital Partners, who facilitated the refinancing agreement for the property in Jersey City. This representation involves the negotiation and arrangement of the loan details, ensuring the transaction’s successful completion.
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