FINANCED
BlackBear Capital Partners Arranges $16.5M Construction Loan For Industrial Development In Caledonia, WI
DeBack Farms Lot C
Industrial
Financed 1 year ago
Summary
Loan
WISCONSIN
Industrial
The construction of a speculative industrial warehouse development, spanning approximately 189k SF, in DeBack Farms Lot C, Caledonia, WI, was financed through a $16,500,000 construction loan.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $16,500,000
- Address: DeBack Farms Lot C, Caledonia, WI
- Market: Caledonia, WI
The loan, provided by an undisclosed lender, is a 3-year floating rate loan with interest-only payments for the entirety of the term. The financing was arranged by brokers Raymond Zanca and Scott Modelski, representing BlackBear Capital Partners, on behalf of the borrower.
Players
Details
FINANCED
IMAGE: Raymond Zanca & Scott Modelski
DATE: 07/06/2022
ADDRESS: DeBack Farms Lot C
MARKET: Caledonia, WI
ASSET TYPE: Industrial
LANDLORD: Likewise Partners
BROKERS: Raymond Zanca & Scott Modelski - BlackBear Capital Partners (@BlackBearCapitalPartners)
LOAN AMOUNT: $16,500,000
LOAN TYPE: Construction
LOAN TERMS: The construction of a speculative industrial warehouse development, spanning approximately 189k SF, was financed via a 3-year floating rate loan with interest only payments for the entirety of the term.View on map
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