Black Bear Capital Partners Closes $200M& Finance Packages Nationwide
$200,000,000
$200,000,000/SF
Building Size
1 SF
Asset Type
Package Deal
Closing
Sep 30, 2023
AI
Black Bear Capital Partners (BBCP) has recently closed multiple complex finance packages in excess of $200 million, involving properties across various asset types including multifamily, retail, mixed-use, office, industrial, and hotel. Despite challenging market conditions, BBCP successfully completed these transactions. The firm, with offices in New York, New Jersey, Chicago, Boca Raton, and Tampa, Florida, is rapidly expanding its national platform and market penetration. BBCP currently has $300 million worth of deals in the pipeline.
Summary of transaction details:
- Property Types: Multifamily, Retail, Mixed-Use, Office, Industrial, Hotel
- Loan Amount: $200,000,000
- Loan Type: Refinance, Acquisition, Construction
- Broker: Black Bear Capital Partners
Black Bear Capital Partners (BBCP) is a prominent brokerage firm that specializes in transactions across all property types. They have offices in multiple locations, including New York, New Jersey, Chicago, Boca Raton, and Tampa, Florida. Despite challenging market conditions, BBCP has successfully closed numerous complex finance packages exceeding $200 million in value. The firm's recent expansion into Tampa, Florida demonstrates their commitment to strengthening their national platform and increasing market penetration. With $300 million currently in the pipeline, BBCP continues to actively serve their clients nationwide, reaching states such as NY, NJ, PA, CT, NC, SC, GA, FL, OH, IL, IN, MN, NE, TX, OK, AZ, NV, and CA.
Players
Market Package Deal Market Snapshot
Boundary boundary · Package Deal · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.08%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93