Commercial Property Bridge Loans

Bloomfield Capital is a direct lender and equity investor in commercial real estate assets nationwide. With offices in Detroit, Denver, Chicago, Portland and Los Angeles, 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 $2-20 million in the form of bridge loans and preferred or joint venture 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 taking over a project that is 50%+ complete.

Property Geographic Area Details
We lend in primary and secondary markets in all 50 states.
Loan Amounts
$2,000,000 to $20,000,000
Interest Rates
8% to 12%
Loan Terms
6 months to 36 months
Origination Fees
2% to 6%
Lien Position
1st
Collateral Types
  • Commercial Property
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%
  • Owner Occupied Commercial

Property Types

  • Adult Day Care
  • Assisted Living Facility
  • Auto Dealership
  • Commercial Condominium
  • Healthcare
  • Hotel
  • Industrial
  • Mixed-Use
  • Mobile Home Park
  • Motel
  • Multifamily
  • Office
  • Parking Lot
  • Portfolio of Commercial Properties
  • RV Park
  • Rehabilitation Facility
  • Retail
  • Senior Housing
  • Storage Facility
  • Student Housing
  • Vehicle Parking

Loan Types

    Specialty Loan Types

    • Bankruptcy Resolution
    • Discounted Note Payoff
    • Foreclosure Bailout
    • Note Purchase
    • Partner Buyout
    • Reverse 1031 Exchange
    The max loan-to-purchase indicated above is for value add projects. For stabilized properties, we will max out at 70% of purchase price.

    Max Loan-to-Purchase Price

    80%

    Borrower Must Have Property Under Contract

    yes

    Will Provide Proof of Funds Letter

    yes

    Will Consider Lending on Purchase from Auction

    yes

    Allowed Source of Borrower’s Equity

    • Own Cash
    • Partner
    • Equity in Another Investment Property
    • Crowdfunding
    • Family

    Deposit Required

    We take an expense reimbursement deposit to pay for costs as they are incurred.

    Fees which are mandatory for all new borrower clients

    • Deposit

    Details and Requirements

    Typical Closing Time (Days)

    30

    Fastest Closing Time (Days)

    5

    Payment Structure
    • Interest Only
    • Interest Reserve
    Payment Structure Details

    Most loans are Interest Only

    Pre Payment Penalty

    no

    Will lend to a foreign national

    yes

    Will Allow Junior Position Mortgage(s) Behind Our Senior Mortgage

    yes

    Will Consider Collateralizing Multiple Properties in One Loan

    yes

    Will Consider Equity Joint Venture

    yes

    Borrower Entity Types Considered
    • LLC
    • Limited Partnership
    • Trust
    • Corporation
    Documentation Required
    • Credit Report
    • Tax Returns
    • Bank Statements
    • Financial Statements
    • Loan Application
    Personal Guaranty (Recourse) Required
    Sometimes
    Credit Check Required

    yes

    Appraisal Required for Commercial Property

    Sometimes

    Broker Price Opinion (BPO) Accepted for Commercial Property

    Sometimes

    Get In Touch

    Bloomfield Capital pays us to be listed, so there is no fee to connect. Share your loan request, send a simple email, call, or visit their website.

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    Bloomfield Capital is a direct lender and equity investor in commercial real estate assets nationwide. With offices in Detroit, Denver, Chicago, Greenwich, and Portland, 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 financings from $3-30 million in the form of bridge loans and preferred or joint venture equity participations.

    License

    CFL Lic. 60DBO-93486

    Company Size (Number of Employees)

    17

    Year Established

    2008

    Associations

    • American Seniors Housing Association - Member
    • Urban Land Institute (ULI) - Member
    • Mortgage Bankers Association - Member
    • ICSC - Member
    • Asian American Hotel Owners Association (AAHOA) - Member

    Office Locations

    Main Office
    700 Forest Avenue, Birmingham, Michigan 48009

    Illinois
    171 N. Aberdeen Street, Suite 400, Chicago, Illinois 60607

    California Office
    10250 Constellation Blvd, Suite 100, Los Angeles, California 90067

    Colorado
    1430 Larimer Street, Suite 303, Denver, Colorado 80202

    Connecticut
    2 Greenwich Office Park, Suite 300, Greenwich, Connecticut 06831

    Maine
    100 Commercial Street, Suite 410, Portland, Maine 04101

    Primary Capital Source
    • Private Equity Funds
    Loan Structure for Majority of Loans
    • Own Balance Sheet
    Percentage of Loans Secured by Commercial Property

    99%

    Our Team

    Brent Truscott

    Partner

    Funded Deals

    Get In Touch

    Bloomfield Capital pays us to be listed, so there is no fee to connect. Share your loan request, send a simple email, call, or visit their website.

    Stay Informed About Private Lending

    Receive our monthly newsletters with valuable insights and industry updates
    subscribe-illustration
    Before You Contact Us

    Our Minimum Loan Amount Is

    $2,000,000

    What We Do

    • Core Property Types, Hotels, Assisted Living
    • Will Consider Value-Add Projects
    • Up to 75% LTV
    • 20%+ Cash Required for Acquisitions

    Not Available

    • NO 100% Financing
    • NO Land or Construction Loans
    • NO Cannabis-Use Properties
    • NO Rural Areas
    • NO Residential Properties

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    Send an email to Bloomfield Capital