Bloomfield Capital closes senior bridge loan on grocery-anchored retail center
BIRMINGHAM, Mich., Sept. 7, 2012 /PRNewswire/ -- Bloomfield Capital, a specialty finance firm focused on originating and purchasing commercial real estate loans, has announced the closing of a grocery-anchored retail center located in suburban Metro Detroit, Michigan.
Bloomfield's responsiveness to the very time-sensitive transaction allowed the borrower to regain control of a core retail asset in a strong location.
"This transaction is another example of Bloomfield's ability to move quickly when timing is the most critical component of a complex refinancing situation," said Jason Jarjosa, a partner at Bloomfield Capital. "Borrowers have come to depend on Bloomfield's ability to act as a reliable debt and equity partner when indecision is not an option."
Headquartered in Birmingham, Mich., Bloomfield Capital is a direct real estate lender and equity investor meeting the demands of time-sensitive transactions. The firm specializes in small to medium-balance debt opportunities ($1 million to $15 million) and select joint-venture equity participations with owners, operators and developers throughout the nation. Bloomfield Capital offers particular expertise in unconventional financings where industry acumen, 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. With offices in the Detroit and Chicago markets, Bloomfield Capital can be found on the Web at www.bloomfieldcapital.com.
For more information, please contact Jason Jarjosa at (248) 745-1700, or via email at [email protected]
CONTACT:
Tom Nixon
LV8 Communications
[email protected]
(313) 338-8004
SOURCE Bloomfield Capital
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