Music profit

Direct lender closes loan on Denver mixed-use building

“Bloomfield Capital’s senior bridge loan facilitated the acquisition of the historic mixed-use property.” Tweet that “We look forward to seeing this property’s contribution to the growth of the surrounding neighborhood,” said Brent Truscott, partner at Bloomfield Capital. “Our bridging loan allowed this sponsoring group to quickly acquire the property and begin executing their business plan, […]

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Direct Lender Closes Loan on Cleveland Industrial Building | State

BIRMINGHAM, Mich., February 8, 2022 /PRNewswire/ — Bloomfield Capital has announced the closing of a $4.0 million senior bridge loan on a 100,000 square foot multi-tenant industrial property with significant cold storage space located in Cleveland, Ohio. The sponsor demanded immediate execution due to signed leases with tenants waiting to occupy the post-renovated space. The […]

Music profit

Direct lender closes loan on Cleveland industrial building

BIRMINGHAM, Mich., February 8, 2022 /PRNewswire/ — Bloomfield Capital has announced the closing of a $4.0 million senior bridge loan on a 100,000 square foot multi-tenant industrial property with significant cold storage space located in Cleveland, Ohio. The sponsor demanded immediate execution due to signed leases with tenants waiting to occupy the post-renovated space. The […]

Music profit

Golub Capital Chairman Speaks on Direct Lender’s ‘Best Year Ever’ and More

Direct lender Golub Capital nearly tripled its loans last year to over $ 36 billion. Private equity firms are increasingly turning to direct lenders for loans formerly managed by banks. David Golub sees business continuing to explode in 2022, even as rates rise. Direct lender Golub Capital just ended a record year fueled by the […]

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Direct Lender completes loan on Midwest industrial complex

BIRMINGHAM, Mich., 22 December 2021 / PRNewswire / – Bloomfield Capital has announced the closing of a $ 6.7 million senior relay loan on three industrial buildings located at Macomb County, Michigan. The buildings are owner-occupied and serve as the head office and manufacturing facilities for Sponsor’s operating activities. The Sponsor, a level 1 automotive […]

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Direct Lender Closes Loan on Midwest Industrial Complex | State

BIRMINGHAM, Mich., December 22, 2021 /PRNewswire/ — Bloomfield Capital has announced the closing of a $6.7 million senior bridge loan on three manufacturing industrial buildings located in Macomb County, MI. The buildings are owner-occupied and serve as headquarters and manufacturing facilities for the operations of the Sponsor. The Promoter, a tier 1 automotive supplier, benefited […]

Music profit

Direct lender closes loan on Midwest industrial complex

BIRMINGHAM, Mich., December 22, 2021 /PRNewswire/ — Bloomfield Capital has announced the closing of a $6.7 million senior bridge loan on three industrial manufacturing buildings located in Macomb County, MI. The buildings are owner-occupied and serve as headquarters and manufacturing facilities for the operations of the Sponsor. The Promoter, a tier 1 automotive supplier, benefited […]

Music profit

In the event of a default, the American direct lender Colchis Capital closes its funds

By Lawrence Delevingne BOSTON (Reuters) – San Francisco-based Colchis Capital Management LP, a pioneer in online direct lending platforms, is cutting its major funds as disruption from the novel coronavirus began to hit its consumer lending and real estate, according to documents reviewed by Reuters. “The biggest risk to Colchis Income Funds is unemployment for […]