Deal Closing - Louisville, KY
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Bloomfield Capital Partners, a Birmingham, Michigan-based commercial real estate finance firm, is pleased to announce the recent closing of a senior bridge loan transaction in the amount of $2,100,000. Bloomfield’s bridge loan proceeds facilitated the purchase of a 170-unit multifamily property located in Louisville, Kentucky, disposed of via a commercial note auction sale. Bloomfield was able to overcome multiple timing and execution challenges in connection with this value added acquisition. |
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Deal Closing - Metro Detroit
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Bloomfield Capital Partners, a Birmingham, a Michigan-based commercial real estate investment firm, is pleased to announce the recent funding of another senior bridge loan transaction. Bloomfield's recent investment facilitated the discounted payoff of a loan secured by a 165-unit apartment complex in metro-Detroit. Bloomfield's ability to provide the sponsor with ready capital, and an aggressive closing schedule allowed them to take advantage of a time-sensitive discounted payoff opportunity. |
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Bloomfield Makes Key Addition - John B. Dean
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Bloomfield is proud to announce that John Dean has joined Bloomfield Capital Partners as Vice President of Institutional Sales. John's background is a combination of institutional capital management, pension fund fiduciary and public service. Prior to his work with Bloomfield, John was a Partner at Whitestone Global Partners, and Advance Capital Management. John was the Secretary and Treasurer of the Michigan Association of Public Employee Retirement Systems (MAPERS) for six years where he also acted as a Trustee. John has served as a highly-decorated law enforcement officer for 36 years, acting most recently as the Chief of Police of Waterford, Michigan. During his time with the Waterford Police Department, John served as trustee and chair of the Waterford Police and Fire Pension Fund for over 20 years. John attended Oakland University and the FBI National Academy and is the recipient of the NAACP Presidential Award. |
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Deal Closing - Dallas, TX
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Bloomfield Capital Partners, a Birmingham, MI based commercial real estate investment firm, is pleased to announce the recent funding of another senior bridge loan transaction. Bloomfield's investment facilitated the purchase of a 170-unit apartment project in Dallas, Texas. The $4,000,000 purchase of the property was accomplished in a competitive environment with a regional bank as the seller. Bloomfield was able to assist the buyer with ready capital, and an aggressive closing schedule. |
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Deal Closing - Midwest Retail
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Bloomfield Capital Partners, a Birmingham, MI based commercial real estate investment firm, is pleased to announce the recent funding of a senior bridge loan transaction. Bloomfield's investment facilitated the strategic purchase of a series of commercial real estate notes secured by a portfolio of Midwest retail properties. The $8,000,000 purchase was comprised of properties primarily anchored by national credit retail tenants, and with a proven track record of strong cash flow. Bloomfield's nimble approach allowed it to fully diligence and close on the opportunity within an extremely competitive timeframe. |
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