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Black Bear Capital Partners ("BBCP") arranged $3.575M in refinancing for Mindful Capital’s Orlando property, a transaction led by Eric Trombly.

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FINANCED
$3,575,000

Florida

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Industrial52,500 SF
Financed 02/24/2025
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Property Image
FINANCED

Black Bear Capital Partners ("BBCP") arranged $3.575M in refinancing for Mindful Capital’s Orlando property, a transaction led by Eric Trombly.

2123 Church Street

See Similar Deals
Industrial52,500 SF
Financed 02/24/2025
Contact now

Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$68
Total Square Footage:52,500 SF
Transaction Type:Loan

This transaction involves a 52,500 square foot industrial asset located at 2123 Church Street in Orlando, FL. The loan amount secured for this asset is $3,575,000, categorized under refinance with terms including a 5-year fixed rate loan, an initial 18 months of interest-only payments, followed by a 30-year amortization period.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $3,575,000
  • Loan Type: Refinance
  • Loan Terms: 5-year fixed rate, 18 months interest-only, followed by 30-year amortization
  • Landlord: Mindful Capital
  • Broker: Eric Trombly - Black Bear Capital Partners
  • Market: Orlando, FL
  • Address: 2123 Church Street

Key individuals involved in this transaction include the landlord Mindful Capital and broker Eric Trombly representing the deal through Black Bear Capital Partners. Patrick Carney also plays a role in the loan transaction as noted in the context provided.

Players

Eric Trombly
27 deals$617.2M volume
BROKER

Details

FINANCED
IMAGE: Patrick Carney & Eric Trombly DATE: 02/24/2025 ADDRESS: 2123 Church Street MARKET: Orlando, FL ASSET TYPE: Industrial ~ SF: 52,500 LANDLORD: Mindful Capital BROKER: Eric Trombly (@Trombly17) - Black Bear Capital Partners (@BlackBearCapitalPartners) LOAN AMOUNT: $3,575,000 LOAN TYPE: Refinance LOAN TERMS: Refinance of a 52,500 SF industrial building with a 5-year fixed rate loan, 18 months IO followed by a 30-yr AM.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$3,575,000.00

Monthly NOI$23,833.33
Monthly Debt Service$22,596.43
Change in Cash Flow$0.00
Refinance Proceeds$0.00