Commercial Property Bridge Loans
Bloomfield Capital is a direct lender and equity investor in commercial real estate assets nationwide. Bloomfield Capital’s team draws from a broad base of commercial real estate and finance experience. The firm provides debt and equity solutions to meet the demands of time sensitive and complex transactions. Bloomfield Capital specializes in small to medium sized financing from $3-$30 million in the form of bridge loans, mezzanine loans and preferred equity participations.
We lend on core commercial property and specialty property types like hotels, assisted living facilities and others.
NO Development or Construction Loans, but we like value-add projects, and we may consider lending into a project that is 50%+ complete.
Common Loan Scenarios
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Core Property Types, Hotels, Assisted Living
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Will Consider Value-Add Projects
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Up to 75% LTV
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20%+ Cash Required for Acquisitions
Scenarios Not Considered
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NO 100% Financing
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NO Land or Construction Loans
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NO Cannabis-Use Properties
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NO Rural Areas
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NO Residential Properties
Details and Requirements
Property Geographic Area Details
We lend in primary and secondary markets in all 50 states.
Origination Fees
1% to 4%
Loan Terms
6 to 36 months
Credit Check Required
yes
Typical Closing Time (Days)
30
Fastest Closing Time (Days)
5
Payment Structure
- Interest Only
- Interest Reserve
Payment Structure Details
Most loans are Interest Only
Personal Guaranty (Recourse) Required
Sometimes
Borrower Entity Types Considered
- LLC
- Limited Partnership
- Trust
- Corporation
Documentation Required
- Credit Report
- Tax Returns
- Bank Statements
- Financial Statements
- Loan Application
Appraisal Required for Commercial Property
Sometimes
Broker Price Opinion (BPO) Accepted for Commercial Property
Sometimes
Will Consider Collateralizing Multiple Properties in One Loan
yes
Will lend to a foreign national
yes
Will Allow Junior Position Mortgage(s) Behind Our Senior Mortgage
yes
Will Consider Equity Joint Venture
yes
Loan Purpose
- Investment Acquisition
- Investment Refinance
- Improve Subject Property
- Use Equity to Invest in Another Property
- Value Add Project
Property Occupancy
- Vacant
- Tenant Occupied 100%
- Tenant Occupied Partial
- Owner Occupied Commercial