$11MM Bridge Loan for Hotel Portfolio Note Purchase

Funded by Bloomfield Capital

$11,300,000

Deal Details

Private Loan Type

Purchase

Approx. Funding Date

12/15/2015

Property Type
Hotel
Property City

Chicago

Property State

IL

Interest Rate

%

Origination Points

%

Deal Summary

$11.3 million senior bridge loan to purchase the notes on four limited-service hotels located throughout the Midwest, Southeast and Northeast.

Funded By

Bloomfield Capital

The Direct Bridge Lender and Equity Provider for Urgent Projects