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**Black Bear Capital Partners Arranges $115 Million in Illinois Financings**
Black Bear Capital Partners (BBCP), a real estate financial advisory firm and a subsidiary of Black Bear Asset Management (BBAM), has announced the successful arrangement of $115 million in financing across multiple transactions throughout Illinois.
All deals were finalized in October 2025 and include a mix of refinance, construction, and redevelopment projects across the multifamily, self-storage, and retail sectors. These financings were arranged by Stearns, along with BBCP professionals Zach Lutwak-Fitzgerald and Michael Bernstein, on behalf of the respective property ownership groups.
Key transactions included:
– **$41.5 million** in financing for the redevelopment of two warehouse buildings located at 800 and 801 SW Washington Street in Peoria.
– **$38 million** in refinancing for a multifamily portfolio consisting of three properties and totaling 236 units in Morton.
– **$22.4 million** refinancing for Chatham Village Square, a 123,000-square-foot retail center located in Chicago.
– **$13.7 million** construction loan for a 113,120-square-foot self-storage facility in Lockport.
These strategic financings reflect BBCP’s continued focus on supporting value-driven real estate investments across diverse asset classes and locations within Illinois.
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