Black Bear Capital Partners ("BBCP") and The Northwind Group have successfully obtained a $7.615 million acquisition loan from Stormfield Capital for a multifamily property in Southampton.
FINANCED
$7,615,000
New York
See Similar DealsMultiFamily
Financed
FINANCED
Black Bear Capital Partners ("BBCP") and The Northwind Group have successfully obtained a $7.615 million acquisition loan from Stormfield Capital for a multifamily property in Southampton.
929 County Road 39
See Similar DealsMultiFamily
Financed
Summary
NEW YORK
Asset Type:MultiFamily
Transaction Type:Loan
The property involved in the transaction is a MultiFamily asset located at 929 & 933 County Road 39 in the Southampton market, comprising a total of 24 units. The loan amount for this acquisition is $7,615,000, structured as a 24-month fixed-rate loan featuring full-term interest-only payments.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $7,615,000
- Lender: Stormfield Capital
- Landlord: The Northwind Group
- Capital Advisor: Brandon Harris - Black Bear Capital Partners
- Loan Type: Acquisition
- Loan Terms: 24-month fixed-rate loan featuring full-term interest only
The deal prominently features Brandon Harris, representing Black Bear Capital Partners as the capital advisor for the transaction. Stormfield Capital acted as the lender providing the acquisition financing while The Northwind Group is the landlord associated with the property.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Lenders
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Similar News
No recent news available for this market
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Listings
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$7,615,000.00
Monthly NOI$50,766.67
Monthly Debt Service$48,131.98
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions