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125 North Rampart Way

Black Bear Capital Partners ("BBCP") Secures $12.29M Acquisition Financing for Denver Medical Office Portfolio
FINANCEDOffice

Black Bear Capital Partners ("BBCP") Secures $12.29M Acquisition Financing for Denver Medical Office Portfolio

125 North Rampart Way

$12,290,000

$174/SF

Building Size

70,631 SF

Asset Type

Office

Closing

Feb 14, 2025

AI

The property asset involved in this transaction is a medical office located at 125 & 130 North Rampart Way in Denver, CO. The asset spans a total of 70,631 square feet and the loan amount secured for its acquisition is $12,290,000.

Summary of transaction details:

Key individuals involved in this transaction include the lenders from AGP Capital, the landlord represented by Echo Real Estate Capital, and the brokers from Black Bear Capital Partners, specifically Matthew Stearns, Michael Bernstein, and Zach Lutwak-Fitzgerald, who facilitated the deal.

Players

Matthew Stearns

Black Bear Capital Partners

Broker

$910.4M

vol

34 deals

Broker
Black Bear Capital Partners
Black Bear Capital PartnersBrokerage

Denver Office Market Snapshot

Boundary boundary · Office · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.29%

Cash-on-Cash

-0.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93