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Updated Dec 21, 2023

Black Bear Capital Partners Closes $1B Refinance, Acquisition, And Construction Loan Transactions
FINANCEDPackage Deal

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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Deal FAQ

About $500M per square foot on a published $1B for 2 square feet (2022).

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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

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