December 29, 2022
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Black Bear Capital Partners, Diversified Commercial Capital and more in December’s dealmaker databank
Black Bear Capital Partners20 N. Wacker Drive, Suite 3450Chicago, IL 60606Matthew Stearns, Senior Managing Director(312) 545-8005mstearns@bbcp-llc.com Black Bear helped secure $9.4M in senior financing for a life-style center in Elmhurst, Ill., with a regional bank lender. The 75,000-s.f. center is comprised of over 25 tenants that range from local to regional retailers. The loan closed More
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A moderate recession, higher cap rates and a challenging debt environment in store for 2023
Count on a decline in both commercial real estate leasing and investment activity next year according CBRE’s s 2023 U.S. Real Estate Outlook. CBRE foresees higher interest rates, rising unemployment, as well as declining home prices and retail sales. However, given the fact that corporate balance sheets are relatively strong, household debt is relatively low More
