Updated Dec 21, 2023
Black Bear Capital Partners Closes $1B Refinance, Acquisition, And Construction Loan Transactions
$1,000,000,000
$500,000,000/SF
Building Size
1 SF
Asset Type
Package Deal
Closing
Dec 31, 2022
About this deal
AI
Black Bear Capital Partners (BBCP), a brokerage firm with offices in New Jersey, Chicago, and Florida, closed numerous complex finance packages exceeding $1 billion this year. Despite challenging market conditions, BBCP successfully completed refinance, acquisition, and construction loan deals across various property types, including multifamily, retail, mixed-use, office, industrial, and hotel.
Summary of transaction details
- Loan Amount: $1,000,000,000
- Loan Type: Refinance, Acquisition, Construction
- Address: Multiple Addresses
- Property Types: Multifamily, Retail, Mixed-Use, Office, Industrial & Hotel
With another $300 million worth of deals in the pipeline, Black Bear Capital Partners continues to expand its national platform and market presence. The firm has successfully closed financing packages in recent months for clients nationwide, including states like New York, New Jersey, Pennsylvania, Connecticut, North Carolina, South Carolina, Georgia, Florida, Ohio, Illinois, Indiana, Minnesota, Nebraska, Texas, Oklahoma, Arizona, Nevada, and California.
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
0.02%
Cash-on-Cash
-0.00%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93