BlackBear Capital Partners Arranges $16.5M Construction Loan For Industrial Development In Caledonia, WI
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This Industrial property located in WI received a loan of $16,500,000 over 1 year ago. The brokers of the deal were Raymond Zanca and Scott Modelski
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- Loan Value$16,500,000
- Asset TypeIndustrial
- Parties2 Brokers, 1 Agency
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Deal Summary
LOAN
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.
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DeBack Farms Lot C
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