Black Bear Capital Partners (“BBCP”) is pleased to announce the successful arrangement of $28,500,000 in construction completion and lease-up financing for a 144-unit multifamily development, located in Charlotte, NC.

The property asset involved in the transaction is a multifamily unit with a total of 144 units located at 6242 Pleasant Grove Road in Charlotte. The total loan amount for this construction completion and recapitalization project is $28,500,000.

The key individuals involved in this deal include the borrower Yomesh Deliwala and the capital market advisors from Black Bear Capital Partners, namely Michael Bernstein, Matthew Stearns, and Zach Lutwak-Fitzgerald, who played a crucial role in facilitating the financing for this project.