PORTFOLIO
Built by operators. Backed by the fund.
Every project in the Blackline portfolio is sourced, developed, and operated through Bellamare Development — a vertically integrated platform with $1B+ of hospitality, retail, multifamily, and mixed-use delivered across the Southeast, West Coast, and Midwest. We are the operator.
Prior projects executed by Bellamare Development and its affiliates · For accredited investors only
ACTIVE INVESTMENTS
Currently in development.
FUND I PIPELINE
Pre-identified. Underway.
Bellamare's active pipeline includes 10+ identified projects with approximately $15M in initial equity required at first close. Pre-identified deals are contractually assigned to Fund I through a warehousing agreement at cost — no markup, no additional promote.
THE OPERATOR ADVANTAGE
We don't outsource the returns — we deliver them.
Every project in this portfolio is executed through Bellamare Development — Blackline's vertically integrated operating partner. Bellamare controls site acquisition, entitlements, permitting, construction, and asset management across every deal.
Where traditional PE funds hope their operators deliver, we are the operator. That eliminates the execution risk most fund structures simply pass on to LPs.
REQUEST ACCESS
Full deal-level underwriting available to qualified investors.
ir@blackline-cap.com