Direct lender closes loan on Denver industrial building

“Often we meet with sponsors and then don’t talk to them for several months or years until they need capital for a fast-moving opportunity,” said Jason Jarjosa, partner at Bloomfield Capital. “This transaction is a great example of that. Once we engaged with the sponsor, we were able to quickly fund this transaction and allow the backlog of motivated tenants to move into the renovated space,” he said. he adds.

The promoter plans to refinance Bloomfield’s bridge loan with a conventional loan in approximately 12 months once interior improvements are complete and new tenants take possession.

About Bloomfield Capital

Bloomfield Capital is a direct lender and equity investor in commercial real estate assets nationwide. With offices at Detroit, denver, Chicago, Los Angeles, Portland, and NYC, the Bloomfield Capital team draws on a broad base of experience in commercial real estate and finance. The company provides debt and equity solutions to meet the demands of time-sensitive and complex transactions. Bloomfield Capital specializes in small to mid-sized financings $3-30 million in the form of bridge loans, mezzanine loans and investments in preferred shares.

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Contact Bloomfield Capital:

Brent Truscott
[email protected]

SOURCEBloomfield Capital