Blackacre Commercial is a problem solving mortgage brokerage focused on sourcing "client centric" debt & equity, while having a team of experts, in an array of real estate disciplines, to get you to the closing table.
As a former Deputy Mayor Pro Tem/City Councilman, Attorney, Title Escrow Officer/Underwriter and Mortgage Broker, our Founder has seen real estate transactions from a number of different vantage points. One common thread in all of them is the necessity of a good team. Once under contract or in a refinance, you sometimes cannot anticipate all of the issues that you might face. Whether the title commitment comes back with an array of challenges in Schedule C, whether a contract wasn’t fully vetted prior to execution, or whether your financing didn’t match your business strategy, there is a real need for experience in every transaction. In the mortgage brokerage world, too many times a broker will get you quotes, but will quickly vanish once your loan term sheet is signed. Thus, when it comes to the heavy lifting, they have already forgotten about you in search of their next paycheck. Seeing this weakness, we knew we could be better. At Blackacre, we have the ability to get you great HUD, Fannie/Freddie, Bridge, Life Company, and CMBS Quotes, while also standing side by side with you until you get to the closing title. Your success is our passion, and we are 100% available to help navigate any issues along the way.
Blackacre was born out of a need
to bring real world experience to help cities succeed.
Big firm experience,
boutique customer experience.
Commercial Real Estate Debt and Equity Brokerage
Our firm stands ready to help you with your commercial real estate debt and equity needs. Our specialty is HUD Lending, but we have substantial experience with Fannie, Freddie, CMBS, Banks, or Debt Funds. Our lending relationships run deep, and we bring years of experience getting deals done. Also, many firms have the ability to get you quotes, but few have the experience to help you get to the finish line. Our team is comprised of ex-lawyers, escrow officers, and city councilman. We work to spot issues as soon as possible, and work side by side with you to help solve any issues that might prevent a smooth closing.
City Economic Development Consulting
Practical versus theoretical economic development practices are vital for the health of a city. Being able to put strategies in place to connect with the brokerage community, state officials, investors, developers, and employers can make the difference between a tax raise and a tax cut. Our team doesn’t just leave you with a plan, we help you execute it. Also, just as important as the strategy to attract investment is the ability to work with the city council. Our Founder is a former Deputy Mayor Pro Tem and understands the number of factors that weigh in a governmental decision. This experience helps attain “buy-in” from leaders and stakeholders.
Developer Services and Community “Buy-in”
Stakeholder buy-in is important. A great plan can be quickly killed if citizens aren’t behind it. Holding meetings with community groups, neighborhoods, business owners, and other affected classes is the essence of a successful passage. In many ways, input from these meetings can lead to a better deal. We are ready to over communicate, listen, and bring disenfranchised shareholders into the process.
It is important to have insight into the market forces impacting your community. We work with local economists, industry publications, and other stakeholders to give you data to equip your decision making. Data usually drives outcomes and we want to drive market-based solutions.
Whether it is a team building exercise, retreat, or training, Blackacre Commercial has a number of programs designed to bring teams together. Using a “case study approach”, Blackacre Commercial brings real world challenges to help cities work together to achieve a solution. We have a lot of fun, but we provide a safe place to teach critical real estate concepts. Our team has a wide selection of outside speakers that can also be used to impart specific lessons.
When you hire Blackacre,
you don’t just hire its employees, you hire our relationships.
Experience matters. If you are trying to attract business and investment, there is an enormous advantage in working with people that have real world experience, relationships, and success. We haven’t just discussed how a plan theoretically works; we have been the ones to implement. Our team is comprised of people with experience as deal makers, mortgage bankers, investors, developers, attorneys, and title escrow officers. We have personally handled over $1B in investments.
When you hire Blackacre Commercial you don’t just hire its employees, you hire our relationships. When we enter your community, we are quickly looking for brokers, site selectors, business owners, and others to buy into your community’s story. This is what we term “bridge building.” Our approach to bridge building is what makes us unique, and what leaves you with ongoing partners to continue executing your strategies.
We take pride in our accessibility. Economic development involves large sums of funds and tough decisions. We never want you to be alone, and don’t charge for each phone call we receive or email we answer. If you have questions anytime, we want to help you answer them.