A bridge loan is a short-term loan used to bridge the gap between buying a home and selling your previous one.
Tag: bridge loan
Eastern Union Secures $20.4M to Refinance Conversion of 137-Unit Hotel Into Assisted Living Residence...
Eastern Union has arranged $20.4 million in refinancing toward the conversion of a six-story, 137-unit hotel in Plano, Texas into an assisted living residential...
JLL Facilitates Bridge Financing for Premier 2023-Built Apartment Community Soleste NoMi Beach in Miami
JLL Capital Markets announced that it has secured a $110 million loan for Soleste NoMi Beach, a 367-unit Class A multifamily community in North...
CBRE Arranges $47.5 Million Bridge Loan for Pennsylvania Multifamily Project Mi-Place @ Downingtown
CBRE’s Multifamily Debt & Structured Finance team has arranged $47.5 million in bridge financing for the refinance of Mi-Place @ Downingtown in Downingtown, Pennsylvania. This...
LEDG Capital Completes $12M Renovation of 244 Units at Southstead Apartments Affordable Community in...
LEDG Capital, a private company dedicated to the preservation and creation of affordable housing, announced the completion of a $12 million project to modernize...
Berkadia Secures $73M to Refinance Two Jacksonville Multifamily Properties Owned by ROI Capital
Berkadia announced the refinancing of two garden-style multifamily properties, The Village at San Jose and The Villas at Ortega, both located in Jacksonville, Florida,...
Red Oak Capital Holdings Provides $5.5M for Gulf Coast LIHTC Asset The Breakers Apartments
Red Oak Capital Holdings, LLC has provided $5.46 million in financing for The Breakers Apartments, a 96-unit garden-style apartment community located in Ocean Springs,...
Merchants Capital Secures $100+M for Austin Affordable Housing Development Travis Park Apartments
Leading financial services provider Merchants Capital announced that it secured more than $100 million in debt and equity proceeds for the acquisition and rehabilitation...
Merchants Capital Secures $59+M for the Rehabilitation of Maryland-based Affordable Housing Development Amber Commons
Leading financial services provider Merchants Capital announced more than $59 million in financing for the rehabilitation of Amber Commons, a 198-unit multifamily housing development...
Red Oak Capital Holdings Provides $4.5M for Central Oregon Conversion of Eagle Crest Village
Red Oak Capital Holdings, LLC has provided a $4.55 million loan for Eagle Crest Village Apartments, a 98-unit residential community in North Bend, Oregon. The...
JLL Secures $20M in Bridge Financing for Vintage Apartment Community Hilliard Village in Columbus
JLL Capital Markets announced that it has secured a $20 million bridge financing for Hilliard Village, a 352-unit vintage, garden-style apartment community in Columbus, Ohio. JLL...
JLL Arranged the $53.4M Acquisition Financing for a Vintage Apartment Portfolio in South Carolina
JLL Capital Markets announced that it has secured a $53.4 million bridge financing for an 877-unit, seven-property Vintage Apartment Portfolio. The multifamily portfolio located in...
Origin Investments and CEDARst Companies Secure Bridge Financing for The Rosie Multifamily Development in...
CEDARst Companies, a Chicago-based developer and its joint venture partner, Origin Investments, a leading multifamily fund manager, and have refinanced The Rosie multifamily community...
JLL Facilitates Bridge Loan for Class A Apartment Community Atlantica at Town Center in...
JLL Capital Markets announced that it secured a $69.57 million refinancing for Atlantica at Town Center – Phase I, a Class A, 360-unit apartment community...
JLL Secures Bridge Loan for Harrington Square Apartments in Leland North Carolina within the...
JLL Capital Markets announced that it secured a $50 million bridge loan for the refinancing of Harrington Square apartments, a Class A mixed-use apartment...
Merchants Capital Executes Credit Risk Transfer on $543+ Million Multifamily Bridge Loans
Leading financial services provider Merchants Capital announced the execution of a $543.5 million Credit Risk Transfer (CRT), secured by 41 performing multifamily bridge loans....
