Bloomfield Capital Partners is a private equity bridge lender active in funding short-term commercial real estate loans. Bloomfield provides short-term financing secured by senior liens on commercial real estate. Loans may be interest-only, structured with current pay and/or accrual components, and range from partial to full amortizations.

 

Loan Parameters:

Loan size: $1MM-$20MM

 

Term: up to 3 years

 

LTV up to 70% based on Bloomfield underwriting

 

Rate: 8-13%

 

Points: 2-6

 

Lockout: 6-12 months

 

Property types: multifamily, retail, office, mixed-use, senior housing, lodging, manufactured housing, special-purpose

 

Geography: United States

 

Funding Uses:

 

Discounted pay-offs

 

Property acquisitions

 

Distressed note acquisitions

 

Recapitalizations

 

Rehabilitation/redevelopment

 

Refinance asset-based lenders

 

Lease-up/stabilization on recently completed or rehabbed properties

 

Other uses depending on borrower's specific needs