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
Urban Catalyst Recaps San Jose Mixed-Use Office, Retail, and Multifamily Site Icon/Echo
Urban Catalyst has landed financing to recapitalize the land site and pre-construction costs for the Icon/Echo, Urban Catalyst’s mixed-use redevelopment project planned for downtown...
IDB Bank Closes $31M Bridge Loan For Newly-Built Multifamily Property Art Of Newark in...
IDB Bank ("IDB"), a New York-based private and commercial bank, closed a $31 million bridge loan for The Art of Newark, a recently completed...
Newly Constructed Arizona Build-to-Rent Development Bella Encanta Lands $66M Bridge Loan
Bela Flor Communities has obtained a $66 million bridge loan for Bella Encanta, a 212-unit build-to-rent (BTR) community located in Mesa, Arizona. Over half...
Thorofare Capital Refinances Class A Multifamily Property Chapman Place Apartments in San Diego
Thorofare Capital, Inc. (“Thorofare” or the “Company”), an affiliate of asset management platform Callodine Group, announced it provided a $26,000,000 loan to Chapman Place...
Red Oak Capital Holdings Provides $5.8M Bridge Loan for Hawaii Avenue Apartments Affordable Housing
Red Oak Capital Holdings, LLC has provided a $5.8-million bridge loan for the Hawaii Avenue Apartments, a pair of multifamily buildings located in Washington,...
Berkadia Arranges $36.79M Bridge Loan for Hillpointe’s Newly Built Pointe Grand Warner Robins Apartments...
Berkadia announced the financing of Pointe Grand Warner Robins, a newly built, 288-unit multifamily property in Warner Robins, Georgia developed by Hillpointe, an integrated...