$10,000,000
Loan Amount
1st
Loan Position
Bridge
Loan Type
63%
Loan-to-Value
24 Months
Term
COL Capital Partners is pleased to announce the closing of a $10,000,000 bridge facility to refinance and complete a fully leased retail property.
The Loan was structured to provide an initial release of $5,000,000 with subsequent releases of the balance in order to facilitate the completion of two additional retail podiums that were significantly pre-leased prior to funding.
The Loan was structured to provide an initial release of $5,000,000 with subsequent releases of the balance in order to facilitate the completion of two additional retail podiums that were significantly pre-leased prior to funding.