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3600 Forest Drive

Black Bear Capital Partners (“BBCP”) is pleased to announce the successful closing of a $15,000,000 acquisition loan for two medical office buildings totaling 150,000 square feet, located in Columbia, SC
FINANCEDOffice

Black Bear Capital Partners (“BBCP”) is pleased to announce the successful closing of a $15,000,000 acquisition loan for two medical office buildings totaling 150,000 square feet, located in Columbia, SC

3600 Forest Drive & 3700 Forest Drive

$15,000,000

Building Size

Asset Type

Office

Closing

May 27, 2026

AI

No summary available.

Players

Matthew Stearns

Black Bear Capital Partners

Broker

$910.4M

vol

34 deals

Broker
South State Bank
South State BankLender

Columbia Office Market Snapshot

Boundary boundary · Office · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.06%

Cash-on-Cash

-0.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93