Black Bear Capital Partners (“BBCP”) is pleased to announce the successful closing of a $5 million full-term interest-only refinancing for a single-tenant CVS Pharmacy property in Denton, TX.

A single tenant retail property located at 1510 West Hickory Street in Denton, TX, has been successfully refinanced. The property is occupied by CVS Pharmacy and the refinancing was structured with a loan amount of $5,000,000 as a fixed-rate financing over ten years with full-term interest-only payments.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $5,000,000
• Lender: Argentic
• Landlord: Stewart Alpert
• Capital Market Advisors: Bryan Manz, Emil DePasquale & Brandon Harris - Black Bear Capital Partners
• Loan Type: Refinance
• Loan Terms: Ten-year fixed-rate with full-term interest-only payments
• Market: Denton, TX

The refinancing transaction was facilitated by Black Bear Capital Partners, with Bryan Manz, Emil DePasquale, and Brandon Harris playing key roles as capital market advisors. This team contributed their expertise to ensure the successful completion of the refinancing process for the property.