On behalf of COL Capital Partners Focused High Yield LP and Equitable Bank, 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.

 

Loan Amount: $10,000,000

LTV: 63%

Term: 24 Months