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Suraj Desai Joins Black Bear Capital’s Chicago Office

Black Bear Capital Partners (BBCP) expanded its Chicago office with the addition of veteran real estate finance advisor Suraj Desai, who joins as a senior managing director. In his new role, Desai is primarily responsible for the sourcing and execution of structured debt and equity transactions across all geographies and asset classes, with a focus on hospitality.

Suraj Desai

Desai previously held senior positions at Chicago-based Alpha Capital CRE and Mag Mile Capital, where he originated over $250 million in debt and equity transactions.

“BBCP has achieved extraordinary growth in the past year, and we are very pleased that Suraj will be joining our team of trusted advisors in Chicago as we continue to expand the growth of our debt and equity placement pipeline,” said BBCP COO Bryan Manz. “His addition will enhance the organization’s overall efforts to provide personalized, best-in-class, and integrated solutions to our expanding client base throughout the Midwest.”


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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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