Bridge Loan for Brewery and Distillery in Bucks County, Pennsylvania

Funded by Commonwealth Capital

$650,000

Deal Details

Private Loan Type

Purchase

Approx. Funding Date

09/01/2019

Property Type
Mixed-Use
Property City

Bucks County

Property State

PA

Loan Term (months)

24

Lien Type

1st Mortgage

Payment Type

Interest Only

Deal Summary

Commonwealth Capital, a direct private lending firm, funded a $650,000 1st lien position bridge loan for the acquisition of a mixed-use property (brewery and distillery) in Bucks County, PA. The real estate developers needed financing to complete renovations on the property leased to a brewery and distillery. The loan term was set at 2 years. This CRE bridge loan was funded in September 2019.

Funded By

Commonwealth Capital

Direct Bridge Lending for Real Estate Owners