Press Releases

Bear Real Estate Advisors Represents Capital Square 1031 in Acquisition of Class A Memory Care Facility Near Houston

HOUSTON – (Sept. 10, 2018) – Bear Real Estate Advisors announced today that the real estate investment services firm represented Capital Square 1031 in its acquisition of a 10,000-square-foot, Class A memory care facility in the Houston suburb of Spring, Texas.

Located at the intersection of Spring Cypress Road and Champion Forest Drive, the newly constructed, 16-bed facility is 100 percent leased for 15 years on an absolute net basis to Village Green Alzheimer’s Care Home. The facility is in Greater Houston, the fifth largest metropolitan area in the U.S., and is surrounded by several large residential developments.

“This memory care facility’s long-term lease and ideal location, coupled with the fact that demand for assisted living and memory care facilities is currently on the rise, position it as an attractive investment property,” said Matt Bear, founder and chief executive officer of Bear Real Estate Advisors. “The successful closing of this property serves as a prime example of Bear Real Estate Advisors’ ability to source the best properties with the right attributes for our clients.”

Village Green Alzheimer’s Care Home specializes in caring for seniors living with memory impairments such as Alzheimer’s Disease and dementia. The facility’s intimate size creates a home-like setting for its residents and allows the 24-hour staff to deliver specialized care specifically tailored to each resident.

“Capital Square would like to thank Matt and Bear Real Estate Advisors for sourcing another high-quality, newly constructed medical property that closed in record time without any issues,” said Louis Rogers, founder and chief executive officer of Capital Square 1031.

The seller, Verdad Real Estate, was represented by Bill Pyle, vice president with Edge Realty Capital Markets.

About Bear Real Estate Advisors
Bear Real Estate Advisors, founded in 2018 and headquartered in Las Vegas, is a boutique real estate investment services firm that caters to investors looking for personalized service and real world, battle-tested acquisition and disposition advice. The firm focuses on Section 1031 exchange buyer representation, national single-tenant investment sales and acquisitions, net lease investments, joint venture advisory, capital structure advisory, build-to-suit developments, debt/equity, specialized search and family office/professional investor buyside representation. For more information, go to www.bear-advisors.com.

Bear Real Estate Advisors Represents Columbia Property Investors in More Than $6 Million Acquisition of Medical Office Building

PHILADELPHIA – (Aug. 2, 2018) – Bear Real Estate Advisors announced today that the real estate investment services firm represented Columbia Property Investors in its acquisition of a 15,000-square-foot medical office building 100 percent leased to St. Luke’s University Health Network in Brodheadsville, Pennsylvania. Columbia Property Investors acquired the property for in excess of $6 million.

Located at the intersection of Pennsylvania Route 715 and U.S. Route 209, the building was completed in 2017 as a build-to-suit for St. Luke’s University Health Network’s Monroe Campus.
“This medical office building’s long-term lease and special construction for a major Pennsylvania hospital system makes it an attractive investment property,” said Matt Bear, founder and chief executive officer of Bear Real Estate Advisors. “This successful closing demonstrates the soundness of the Bear Real Estate Advisors system of locating the right property and matching it to the right investor. St. Luke’s University Health Network is a fully integrated, regional non-profit network that is widely recognized in multiple counties in Pennsylvania and New Jersey, ultimately adding to the property’s inherent value.”

The regional healthcare provider hosts physical therapy, primary care, Care Now and lab blood draw services at the single-story facility.
“We are pleased to have closed on this acquisition of an attractive medical office building with a strong, long-term tenant, and to have Bear Real Estate Advisors help us out in every step of the way,” said Donald L. Hanson of Columbia Property Investors.

Founded in 1872, St. Luke’s University Health Network is a fully integrated, regional, non-profit network providing services at seven hospitals and more than 270 outpatient sites in the greater Lehigh Valley. The network’s service area includes 10 counties: Lehigh, Northampton, Carbon, Schuylkill, Bucks, Montgomery, Berks and Monroe counties in Pennsylvania and Warren and Hunterdon counties in New Jersey. St. Luke’s also operates the nation’s oldest School of Nursing and 23 graduate medical educational programs.
The seller, Ashley Development Corporation, was represented by Andrew Randolph of ALT Realty. Ashley Development constructed the property for St. Luke’s University Health Network’s Monroe campus beginning in May 2017.

“It was a pleasure to work with Matt Bear throughout the sale process of the St. Luke’s – Brodheadsville medical office building in such a seamless fashion,” said Lou Pektor, CEO of Ashley Development.

Ashley Development Corporation is a real estate development firm specializing in mixed-use projects in urban areas and the adaptive re-use of existing structures. Founded in 1989, the firm focuses on both residential and commercial projects.

About Bear Real Estate Advisors
Bear Real Estate Advisors, founded in 2018 and headquartered in Las Vegas, is a boutique real estate investment services firm that caters to investors looking for personalized service and real world, battle-tested acquisition and disposition advice. The firm focuses on Section 1031 exchange buyer representation, national single-tenant investment sales and acquisitions, net lease investments, joint venture advisory, capital structure advisory, build-to-suit developments, debt/equity, specialized search and family office/professional investor buyside representation. For more information, go to www.bear-advisors.com.

Bear Real Estate Advisors Represents Capital Square 1031 in its Acquisition of New Office Building in Jacksonville, Florida

JACKSONVILLE, Fla. – (June 13, 2018) – Bear Real Estate Advisors, a real estate investment services firm,  announced today that Matt Bear, founder and chief executive officer, represented Capital Square 1031, LLC in its acquisition of 14701 Philips Highway, a 45,000-square-foot Class A office building in Jacksonville, Florida.

“This property’s new construction, long-term absolute net lease, excellent location and demand for office space in the local area make it an attractive investment property,” said Bear. “The property’s tenant, Dream Finders Homes, has been recognized with multiple local awards for their success. The company is expected to continue its pattern of growth, which bodes well for this investment property.”

Situated on 3.1 acres of land, 14701 Philips Highway is a three-story office building that is 100 percent leased to Dream Finders Homes, one of the leading private homebuilders in the country. The property was constructed as a build-for-suit for the tenant and was completed in February 2018. Dream Finders Homes uses the property as its corporate headquarters, as well as its design center and closing office.

“This is another phenomenal asset that Matt Bear has sourced for Capital Square,” said Louis Rogers, founder and chief executive officer of Capital Square 1031. “Matt and his team at Bear Real Estate Advisors have demonstrated their ability to find exceptional assets along the lines of the Tampa Pharma building and, now, Dream Finders Homes building. We couldn’t be more pleased.”

Capital Square 1031 is a national real estate investment and management company that sponsors real estate exchange programs that qualify for tax deferral under Section 1031 of the Internal Revenue Code.

About Bear Real Estate Advisors

Bear Real Estate Advisors, founded in 2018 and headquartered in Las Vegas, is a boutique real estate investment services firm that caters to investors looking for personalized service and real world, battle-tested acquisition and disposition advice. The firm focuses on Section 1031 exchange buyer representation, national single-tenant investment sales and acquisitions, net lease investments, joint venture advisory, capital structure advisory, build-to-suit developments, debt/equity, specialized search and family office/professional investor buyside representation. For more information, go to www.bear-advisors.com.

Bear Real Estate Advisors Founder Matt Bear to Moderate Panel at 16th Annual RealShare Net Lease Conference in New York

NEW YORK – (Mar. 29, 2018) – Bear Real Estate Advisors announced today that its founder and CEO Matt Bear will moderate the Increasing the Inventory: 2018 Sector Developments panel at the 16th RealShare Net Lease Conference on Thursday, April 5, 2018 at the Park Lane Hotel in New York City.

The session will explore how a more business-friendly political and tax environment should also drive greater business growth and real estate expansion for tenants across the country. It will also review how this environment will encourage a greater level of new construction, adding more assets to the market in 2018 and beyond.

Industry professionals will join Bear in offering insights on how limited opportunities have led to a decline in activity among private investors, who dominate the net lease sales market and where top net lease developers are looking to build in 2018.

“The RealShare Net Lease Conference serves as an exceptional opportunity for those in the industry to engage with other professionals and gain insights that can help to improve and expand their businesses,” said Bear. “I am pleased to be moderating at an event that boasts such significance in the net lease sector.”

Bear’s 28-year history as a leasing real estate and finance business leader includes sourcing properties, structuring capital, site selection, strategy conception and implementation, structuring transactions, property development and more, on a national basis. Prior to founding Bear Real Estate Advisors, he was vice president with CBRE, and principal with Avison Young. In 2001, he was one of the two founding partners of Venture Development Group, which specialized in the development of single tenant buildings, neighborhood and power center projects. The firm acquired, developed, and/or disposed of 20 properties totaling $55 million. Bear led a team of 18 professionals across three regional offices that encompassed development, finance, property management and legal management. He was directly responsible for the development and execution of the firm’s investment/development strategies while leading all aspects of acquisitions, dispositions and leasing of commercial real estate assets.

Bear Real Estate Advisors LLC, a boutique real estate investment services firm launched earlier this year, focuses on IRS Section 1031 exchange buyer representation, national single-tenant investment sales and acquisitions, net lease investments, joint venture advisory, capital structure advisory, build-to-suit developments, debt/equity, specialized search and family office/professional investor buyside representation. Bear Real Estate Advisors offers a unique approach to brokerage services by delivering a combination of brokerage, advisory services and a relationship-first point of view.

About Bear Real Estate Advisors

Bear Real Estate Advisors, founded in 2018 and headquartered in Las Vegas, is a boutique real estate investment firm to cater to investors looking for personalized service and real world, battle-tested acquisition and disposition advice. The firm focuses on Section 1031 exchange buyer representation, national single-tenant investment sales and acquisitions, net lease investments, joint venture advisory, capital structure advisory, build-to-suit developments, debt/equity, specialized search and family office/professional investor buyside representation. For more information, go to www.bear-advisors.com.

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28-Year Commercial Real Estate Veteran Matt Bear Launches Investment Services Firm Bear Real Estate Advisors

LAS VEGAS – (Jan. 29, 2018) – Matt Bear, a commercial real estate veteran with nearly three decades of investment services experience, today announced the launch of Bear Real Estate Advisors LLC, a boutique real estate investment services firm. The firm focuses on IRS Section 1031 exchange buyer representation, national single-tenant investment sales and acquisitions, net lease investments, joint venture advisory, capital structure advisory, build-to-suit developments, debt/equity, specialized search and family office/professional investor buyside representation.

Providing services on a national basis, Bear Real Estate Advisors will provide a unique approach to brokerage services by delivering a combination of brokerage, advisory services and a relationship-first point of view.

“Bear Real Estate Advisors focuses on developing relationship-based transactions which ultimately translate to providing the greatest value to our clients,” said Matt Bear, founder and chief executive officer. “Our long-term relationships throughout the commercial real estate industry, coupled with our comprehensive brokerage strategy, allows us to connect our clients to the right people using the right approach, which results in the greatest benefit.”

Bear’s 28-year history as a leasing real estate and finance business leader includes sourcing properties, structuring capital, site selection, strategy conception and implementation, structuring transactions, property development and more, on a national basis. Prior to founding Bear Real Estate Advisors, he was vice president with CBRE, and principal with Avison Young. In 2001, Matt was one of the two founding partners of Venture Development Group, which specialized in the development of single tenant buildings, neighborhood and power center projects. The firm acquired, developed, and/or disposed of 20 properties totaling $55 million. He led a team of 18 professionals across three regional offices that encompassed development, finance, property management and legal management. Bear was directly responsible for the development and execution of the firm’s investment/development strategies while leading all aspects of acquisitions, dispositions and leasing of commercial real estate assets.

Bear earned a bachelor’s degree from the University of Nevada, Las Vegas. He is a member of the International Council of Shopping Centers, from which he earned the senior certified leasing specialist certification.

About Bear Real Estate Advisors

Bear Real Estate Advisors, founded in 2018 and headquartered in Las Vegas, is a boutique real estate investment firm to cater to investors looking for personalized service and real world, battle-tested acquisition and disposition advice. The firm focuses on Section 1031 exchange buyer representation, national single-tenant investment sales and acquisitions, net lease investments, joint venture advisory, capital structure advisory, build-to-suit developments, debt/equity, specialized search and family office/professional investor buyside representation. For more information, go to www.bear-advisors.com.

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