Black Bear Capital Partners ("BBCP") Arranges $5.4M Acquisition Financing for Waldorf Multifamily Asset

The property asset involved in the transaction is a multifamily building located at 2165-2169 Crain Highway in Waldorf, MD. The total square footage of the asset is 27,216, comprising 48 individual units. The property is part of the multifamily asset class and was financed with a loan amount of $5,400,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $5,400,000
• Loan Type: Acquisition
• Loan Terms: 1-year floating rate loan with full term interest-only at 78% loan to cost
• Lender: Trevian Capital
• Landlord: Domaine - Lloyd Grosklags & Palomar Management Group - John McNamara
• Broker: Eric Trombly - Black Bear Capital Partners

The key individuals involved in the transaction include Lloyd Grosklags representing Domaine, John McNamara associated with Palomar Management Group, and Eric Trombly from Black Bear Capital Partners who acted as the broker for the deal. Their roles were crucial in facilitating the acquisition process for the multifamily property.