Bloomfield Capital is pleased to announce the closing of a $4.75 million senior bridge loan on a multi-tenant retail property located in Colorado.
The Sponsor required a fast-moving bridge loan to refinance a retail building at a time when traditional lenders could not provide the structure and prepayment flexibility required. The Sponsor has owned this stabilized property for over a decade.
“Bloomfield Capital continues to provide creative bridge capital when many other lenders have pulled back from the market”, stated Jason Jarjosa, a partner at Bloomfield Capital.
The Sponsor plans to refinance Bloomfield’s bridge loan through a sale of the property in the next 12 months.
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
