Secured Debt Investments (“SDI”) is pleased to announce another successful exit. This is the third realized exit for Fund II (Fund II started it’s investment period in January 2016) and sixty-ninth for the Investment Manager.
When SDI purchased the REO in January 2016, the property had several vacancies & potential tenant turnover. The successful exit exceeded the underwritten assumptions by leasing up the vacant space and executing renewals of existing tenants.
About Bear Capital:
Founded in 2013 by Orlando Garcia, Bear Capital is a private equity firm focused on commercial real estate debt and under-performing commercial real estate. Bear Capital’s funds implement a value add and opportunistic strategy, concentrating on distressed and underperforming commercial real estate assets and commercial real estate debt. With over 25 years of experience, Bear Capital offers vast knowledge across an array of disciplines including management, finance, capital markets, acquisitions, legal creditor rights, development, sales and leasing. For more information please visit www.secureddebtinvestments.com