Bloomfield Capital Closes Loan in Houston

HOUSTON, June 5, 2012 /PRNewswire/ -- Bloomfield Capital (www.bloomfieldcapital.com), a specialty finance firm focused on originating and purchasing commercial real estate loans, recently funded a $4,500,000 senior bridge loan in Houston, TX.  The loan, collateralized by a 105-unit multifamily complex, was utilized to opportunistically purchase the asset while the borrower seeks traditional long-term financing.

"Bloomfield continues to fund time-compressed bridge loans backed by strong real estate collateral," said Nicholas Coburn, Managing Partner of Bloomfield Capital.  "Conventional lenders are not able to react as quickly as Bloomfield to help borrowers capitalize on value-added investments such as this." 

Bloomfield Capital is a direct real estate lender and equity investor based in Birmingham, Michigan (www.bloomfieldcapital.com).  Bloomfield meets the needs of time-sensitive transactions by specializing in small-medium balance debt opportunities ($1,000,000 - $15,000,000) and select joint venture equity participations with owners, operators and developers throughout the nation. Bloomfield specializes in unconventional financings where expertise, local knowledge and attention to special circumstances will result in a substantial financial advantage to the sponsor.

As a direct investor and lender, Bloomfield is able to create flexible, custom-tailored investment solutions to each client's unique situation.

Contact:  Nicholas Coburn (248) 745-1700, [email protected]

SOURCE Bloomfield Capital

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