Founded in 2008 by Arthur D. Bellini and William Fung, the primary business of Black Bear Asset Management LLC ("BBAM") is to manage client and proprietary capital through value and growth-oriented investments in real estate and real estate-related assets across the United States. The firm's investment strategy seeks to achieve attractive risk-adjusted returns from current income and capital appreciation by investing in property and debt-driven opportunities in commercial real estate. Our approach adheres to BBAM's investment philosophy of risk control, consistent performance and stringent financial analysis. BBAM’s team of talented professionals has expertise in many facets of the real estate market including finance, development, land use, leasing, construction, building operations, and law.