Arthur D. Bellini
Managing Partner, Chief Investment Officer
Mr. Bellini is a Managing Partner, Chief Investment Officer, and co-Founder of Black Bear Asset Management. Mr. Bellini is responsible for the strategic direction of the company, overall management of the firm, investment activities and financing activities across all business platforms. Mr. Bellini has broad real estate experience in acquisitions, portfolio management, and asset dispositions, participating in both equity and debt investments. His experience also includes portfolio valuations and sale assignments, public and private market capital transactions, tenant representation, direct lending distressed real estate principal investment and asset securitization transactions. Mr. Bellini has been responsible for the oversight of underwriting, structuring, and credit analysis of real estate investments at various financial institutions. He has supervised over $17 billion in real estate transactions. Notable transactions include Citigroup Special Situations Group acquisition of Red Roof Inn, Westmont acquisition of Inn Town Suites and boutique hotel financings for multiple prominent NYC operators.
Prior to starting BBAM, Mr. Bellini was a Managing Director in the Real Estate Finance Group at Bear, Stearns & Co. Inc., now JP Morgan Securities, Inc. While associated with Bear Stearns he was involved in the acquisition and management of the firm’s assets and coordinated some of the firm’s more complex workout and restructuring situations. He also coordinated real estate banking relationships with the commercial mortgage desk. Prior to Bear Stearns, Mr. Bellini was a Vice President at Dime Savings Bank of New York, now JP Morgan Chase and a Vice President at Republic National Bank, now HSBC, where his primary responsibilities were ORE, workouts and restructuring of real estate debt. Prior to Republic National Bank, Mr. Bellini was a senior accountant at Richard Eisner and Company. During his tenure at Richard Eisner and Company, Mr. Bellini was responsible for real estate audit and tax engagements as well as real estate workout, securitization and valuation engagements. Mr. Bellini is a C.P.A. and holds a B.S. from Bernard M. Baruch College.