Bloomfield Capital announces the closing of an $8.0 million senior bridge loan, which was used to refinance a skilled nursing facility located in Southern California.
The Sponsor, a seasoned owner and operator, purchased the asset several years ago, and since that point, the Sponsor has focused on improving the facilities, the quality of care, and its operating performance.
The Sponsor plans to refinance Bloomfield’s bridge loan with conventional financing within 12 months.
About Bloomfield Capital
Bloomfield Capital is a direct lender and equity investor in commercial real estate assets nationwide. With offices in Detroit, Denver, Chicago, Portland, and NYC, Bloomfield Capital’s team draws from a broad base of commercial real estate and finance experience. The firm provides debt and equity solutions to meet the demands of time-sensitive and complex transactions. Bloomfield Capital specializes in small- to medium-sized financings from $3-30 million in the form of bridge loans, mezzanine loans, and preferred equity investments.
For more news and information, or to contact us, please visit www.bloomfieldcapital.com.
Bloomfield Capital Contact:
Brent Truscott
Partner
877-690-7111
btruscott@bloomfieldcapital.com
www.bloomfieldcapital.com
