Blackline Capital Partners

NEWS & UPDATES

Latest from BlackLine.

Fund updates, portfolio milestones, market commentary, and platform news from BlackLine Capital Partners and Bellamare Development.

FUND UPDATEApril 2025

BlackLine Capital Partners Launches Fund I

BlackLine Capital Partners formally launches Fund I — a $100M target Reg D 506(c) real estate private equity fund targeting distressed hospitality, multifamily, and mixed-use development across the Southeast United States and West Coast. The fund is backed by Bellamare Development, the platform's vertically integrated operating partner with $600M+ of development delivered.

PORTFOLIOMarch 2025

The Gallery Arts & Entertainment District Advances in Madison, MS

The Gallery Arts & Entertainment District — BlackLine's flagship active investment — continues to advance in Madison, Mississippi. The mixed-use development, anchored by a boutique hotel and convention center, is progressing through development milestones in one of the Southeast's strongest suburban growth markets.

MARKETFebruary 2025

Distressed Hospitality Continues to Create Acquisition Opportunities

Elevated interest rates and constrained refinancing markets have driven continued distress across the hospitality sector. Assets are trading at 10–30% below replacement cost as overleveraged owners face loan maturities and PIP non-compliance. BlackLine's pipeline reflects active evaluation of these dislocated opportunities.

PLATFORMJanuary 2025

Bellamare Development Gulf Coast Pipeline Expands

Bellamare Development continues to expand its Gulf Coast pipeline, building on a long-standing presence across Biloxi, Gulfport, and the broader Mississippi Gulf Coast. New development opportunities — including Broadwater and additional mixed-use sites — are under active evaluation for Fund I deployment.

Fund and portfolio updates are for informational purposes only and do not constitute an offer to sell or solicitation to buy any security. For accredited investors only.

INVESTOR UPDATES

Qualified investors receive direct updates and reporting.

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