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Dec 20, 2011 | Deal Closing - Metro Detroit

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.