Black Bear Capital Partners Arranges $44M in Permanent Financing for Allendale Corporate Center
Originally Published by ROI-NJ
Allendale Corporate Center — a six building industrial portfolio — has been refinanced with a $44 million nonrecourse loan, provided by Morgan Stanley, according to a Monday announcement from Black Bear Capital Partners, which helped arranged the 10-year fixed-rate loan on a full-term interest-only basis at approximately 65% loan to value.
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