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.

Property Geographic Area Details
We lend in primary and secondary markets in all 50 states.
Loan Amounts
$30 to $30
Interest Rates
8% to 12%
Loan Terms
6 months to 36 months
Origination Fees
1% to 4%
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%
  • Tenant Occupied Partial
  • Owner Occupied Commercial

Property Types

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

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 Subject Property
  • 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

Contact Bloomfield Capital

Bloomfield Capital pays us to be listed, so there is no fee to connect with them directly.

Stay Informed About Private Lending

Receive our monthly newsletters with valuable insights and industry updates

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

Contact Bloomfield Capital

Bloomfield Capital pays us to be listed, so there is no fee to connect with them directly.

Stay Informed About Private Lending

Receive our monthly newsletters with valuable insights and industry updates
subscribe-illustration

Contact This Lender

Click to show phone number
248-745-1700 248-745-XXXX
Visit Website Send Email

Create a Loan Request

Be more efficient with your lender search. Provide the loan details once, save it, and then share it with multiple lenders.

Contact Bloomfield Capital by whichever method you choose.

If you submit a loan request or email, it will be sent to the lender, and they will reply to you directly. A copy will be saved in our database. We will not share your information unless you ask us for recommendations.

BEFORE YOU CONTACT THIS LENDER

Our Minimum Loan Amount Is

$30

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

Send an email to Bloomfield Capital