06/16/2026
Black Bear Capital Partners is pleased to announce the successful closing of a $5,060,000 loan extension for a 29,332-SF retail center located at 8721 S Stony Island Ave in Chicago, IL. BBCP represented the owner, Laub Realty, in an advisory role to a CMBS servicer. The loan is structured as a 24-month extension at the original rate with a 30-year amortization schedule and no prepayment penalty.
BBCP’s Managing Partner & COO Bryan Manz and Managing Partner & Head of Northeast Region Brandon Harris arranged the financing on behalf of the ownership. Please feel free to reach out to our team at https://bbcp-llc.com/our-team with any and all financing inquiries; we look forward to speaking with you.