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August 14, 2024

BridgeInvest Raises $670 Million for Private-Credit Bets

BridgeInvest, an asset manager focused on financing commercial real estate, wrapped up its fourth private credit fund after collecting more than $670 million for the pool and parallel vehicles. The fund, BridgeInvest Specialty Credit Fund IV, holds more than twice as much as the Miami-based firm’s previous financing pool, which [...]

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July 22, 2024

Commercial lending: What’s the latest outlook?

Alex Horn (pictured top), managing partner and founder at BridgeInvest, told Mortgage Professional America that with over two years having passed since the Federal Reserve started hiking interest rates – and 12 months since its key rate hit its current high – the idea of high rates being a short-term [...]

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July 22, 2024

BridgeInvest Lends $37.68Mln for Construction of 3 Industrial Outdoor Storage Properties

BridgeInvest has provided $37.68 million of financing to fund the development of three industrial outdoor storage facilities in Bloomington, Calif., Las Vegas and Staten Island, N.Y. The properties are being developed by a venture of Stonemont Financial Group of Atlanta and Cerberus Capital Management that three years ago started pursuing [...]

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July 22, 2024

Stonemont, Cerberus plan industrial development on Staten Island

Stonemont and Cerberus received a $37.7 million loan from real estate lender BridgeInvest to redevelop the property in Staten Island's North Shore along with two other industrial sites in Las Vegas and Bloomington, California. Each asset is strategically located near a major transportation route and proximate to significant logistics and [...]

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June 20, 2024

Morabito to Expand Wynwood Office Venture

Morabito Properties recently paid $14.6 million for a 14,000-square-foot building that the company will convert to nearly 50,000 square feet of creative office space as part of Phase II of its Wyncatcher office development. The project is slated for completion in the second quarter of 2026. Phase I, which is [...]

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June 20, 2024

Morabito’s Wynwood office-retail project lands $35M construction loan, as office market slows

Morabito Properties advanced its Wynwood office-retail project with a $35 million construction loan, as looming doubts over the neighborhood’s office market viability persist. The Miami Beach-based development firm dropped $14.6 million for the Wyncatcher II project development site at 2150 Northwest Miami Court in Miami, according to Morabito’s spokesperson. Miami-based [...]

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May 17, 2024

Chetrits turn former hospital site in Passaic into $44M sale

The Chetrit Group sold a 158-unit multifamily property in the Jersey suburb after facing a lawsuit from its lender who alleged the family firm defaulted on its loan. The former site of St. Mary’s hospital, known as The Pennington, was bought by The Birch Group for $43.5 million, according to [...]

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May 6, 2024

Tara Capital bags multifamily loan amid tight lending climate

Tara Capital has secured a $55.5 million loan to revamp its largest multifamily property. Miami-based BridgeInvest provided the loan, earmarked for renovation of the 810-unit Park on Voss, at 2424 South Voss Road in Houston’s Galleria/Uptown submarket. The loan comes to almost $69,000 per unit. See the full article on [...]

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May 6, 2024

BridgeInvest Provides $56M Acquisition Loan for Houston Apartments

BridgeInvest supplied the floating-rate loan on Tara Capital’s newly acquired Park on Voss property in Houston’s Westchase neighborhood. Tara Capital purchased the 610,950-square-foot complex from Barvin Capital for $63 million, with total project costs estimated at $82.1 million. See the full article on Commercial Observer

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May 6, 2024

As Miami Apartment Projects Stall, Developers Pivot To Condos Instead

“Traditionally, it's the exact opposite. Traditionally, it’s much safer to build multifamily than condo,” said Jon Gitman, partner at Miami-based lender BridgeInvest. ”But sitting here in today's market, with the cost inflation and the lack of clarity, if you can prove the project then it may, in fact, be safer to [...]

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April 10, 2024

“Day of reckoning”: South Florida multifamily Investors feel sting of rising interest rates, insurance

“South Florida’s demand and rent dynamic are the best in the country, period,” said David Lynd, CEO of apartments developer and investor The Lynd Group. “But that has nothing to do with interest rates, insurance rates and costs. There’s no hiding from them anywhere, no matter what market you are [...]

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March 20, 2024

Commercial market: Is the tide shifting towards private lenders?

The well-documented woes facing small US regional banks in the commercial sector show little sign of easing, a trend that’s likely to see consolidation and a further swing towards lenders in the private space. That’s according to Alex Horn (pictured), managing partner and founder at private lender BridgeInvest, who told [...]

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February 9, 2024

Commercial Real Estate Is in Trouble. Here’s What to Focus On.

The low occupancy rate is a ticking time bomb for owners of office buildings. When leases expire, tenants won’t want as much space as they have now. Vacancy rates will shoot up. We’re already seeing that happen. Last month Moody’s Analytics announced that the national office vacancy rate rose in the fourth [...]

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January 12, 2024

Activate Hospitality buys West Palm Beach Holiday Inn and dev site for $24M

Activate Hospitality purchased a West Palm Beach Holiday Inn and an adjacent development site for $23.8 million in a bankruptcy sale. An affiliate of Miami-based Activate Hospitality acquired the 199-key hotel at 1301 Belvedere Road and a vacant 2.5-acre parcel approved for another hotel with 120 rooms, court records show. [...]

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December 7, 2023

“Tough decisions”: South Florida to feel sting as office debt matures

From late 2020 to early 2022, out-of-state companies moving to South Florida flocked to the canyon of skyscrapers in Brickell, the mural-adorned buildings in Wynwood and new projects in downtown West Palm Beach. The party hasn’t spread to every corner of the region. “I think where you will see more distress is Class C office buildings [...]

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November 18, 2023

Money problems: Cracks in CRE are widening. Dollar figures reveal damage from industry headwinds

“Nobody has a good sense of value,” said Alex Horn, managing partner at Miami-based lender BridgeInvest. “Everyone is operating on what has happened in the past.” While any appraisal requires some magical thinking — predicting things like income, occupancy and economic cycles — the decline in transactions has made the [...]

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November 10, 2023

CRE lending in South Florida is riding high, as other markets cool: TRD Forum

Alex Horn, managing partner of BridgeInvest, briefly flummoxed a roomful of real estate professionals when asked about the asset classes his Miami-based lending firm is targeting these days. “We are doing 100 percent office construction loans,” Horn said and paused. When the crowd in the panel room at Thursday’s The Real [...]

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November 8, 2023

Liquidity gridlock worsens in US commercial real estate sector

Rising caution among private lenders will worsen the paucity of liquidity for property owners who have no real exit option. Two-year interest rate caps that protected against rising rates mature in coming years, and new caps that used to cost thousands now cost in the tens of millions of dollars, [...]

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November 7, 2023

Private lending, real estate among family office priorities for 2024

End of Fed’s rate-rise cycle Investors hope for more clarity on interest rates in the coming year. The Federal Reserve’s indication that its rate-rise cycle is coming to an end will enable investors to make more informed decisions about capital allocation, said Alex Horn, managing partner at BridgeInvest. “We believe private credit [...]

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October 4, 2023

A Private Lender’s Perspective on CRE Finance

CPE interviewed BridgeInvest's Alex Horn on the growing opportunities for non-bank lenders. With no end in sight for high interest rates, investors from all corners of the real estate industry are turning to private lending to get deals done. Alex Horn, managing partner & founder at private lender BridgeInvest, talked [...]

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September 14, 2023

BridgeInvest Lends $42Mln Against Retail Property Near Orlando, Fla.

BridgeInvest has provided a $42 million loan against the 192,659-square-foot Promenade at Sunset Walk retail property at the Margaritaville Resort in the Orlando, Fla., suburb of Kissimmee. See the full article on Commercial RealEstate Direct.

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September 14, 2023

BridgeInvest Refis Margaritaville Florida Retail Property With $42M Loan

Encore Capital Management has nabbed a $42 million debt package to refinance the retail portfolio of a Margaritaville-branded property near Orlando, Commercial Observer has learned. BridgeInvest supplied the bridge loan on Encore’s The Promenade at Sunset Walk – Margaritaville Resort in Kissimmee, Fla. The loan will be used to repay previous construction debt on the [...]

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September 14, 2023

Exec for Miami-based real estate lender dishes on $42M bet on Margaritaville-area property

An executive for the lender behind the high-dollar refinancing of a property next to Margaritaville Resort Orlando says his group sees a unique opportunity within the retail asset class. Miami-based private real estate lender BridgeInvest recently closed on a $42 million refinance loan to Boca Raton-based Encore Capital Management for [...]

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August 28, 2023

BridgeInvest Lends $42Mln Against Retail Property Near Orlando, Fla.

BridgeInvest has provided a $42 million loan against the 192,659-square-foot Promenade at Sunset Walk retail property at the Margaritaville Resort in the Orlando, Fla., suburb of Kissimmee, Fla. The loan, arranged by Concord Summit Capital of Miami, allowed the property's developer, Encore Capital Management, to pay off a construction loan [...]

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August 28, 2023

$25M distribution warehouse making its way to El Mirage

Phoenix's industrial landscape will add a $25 million investment to aid the West Valley's logistics and supply chain dynamics. Real estate lender BridgeInvest closed a construction loan on a distribution warehouse facility spanning 13.3 acres at 9755 N. El Mirage Road, in El Mirage. The project will be a one-story [...]

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August 28, 2023

Arizona Developer Set to Break Ground On Warehouse Near Phoenix

BridgeInvest Provides Construction Loan for Logistics Project in El Mirage A development joint venture has received a loan to start construction of a warehouse in El Mirage, northwest of Phoenix. Silver Creek Development, based in Scottsdale, Arizona, and Atlanta-based Stonemont Financial Group plan to break ground this month on the [...]

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August 4, 2023

BridgeInvest preps for growth amid CRE lending boom

Alex Horn and his team go where banks are unable to these days. It’s a familiar story within the private credit industry. As banks pull out a new private credit lender dives in. This time it’s slightly different as BridgeInvest has been expanding its channels in what some believe (thanks [...]

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August 4, 2023

Ex-Fortis CEO Lands $29M for Boutique Condo Near Miami

Landau Properties nabbed a $29 million construction loan for a boutique condo project in Bay Harbor Islands, the New York-based developer announced. The financing from BridgeInvest’s Specialty Credit Fund IV will go towards Indian Creek Residences & Yacht Club, an eight-story development with nine units and six boat slips at 9110 West Bay Harbor [...]

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June 20, 2023

This Private Lender Predicts Commercial Real Estate Investors Will See A Slow Trickle In Performance In 2023, Not A Crash

Benzinga talked with Alex Horn, managing partner of Miami-based private mortgage lender BridgeInvest, to discuss the current market environment and what he sees for private funding for the rest of 2023. See the full article on Benzinga

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June 20, 2023

Orange Pineapple Buys 3.1 Acres in Downtown Sarasota for $32M

Orange Pineapple LLC, with a $16.5 million loan from BridgeInvest, has purchased seven parcels on more than 3 acres in downtown Sarasota for $32 million. Steven Horn, CCIM, and Jag Grewal, CCIM, SIOR, represented the sellers, Capstone Group Holdings LLC, and Ringling and Orange 3 LLC, in the transaction. See [...]

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April 25, 2023

Developer to build Hollywood apartments with $60 million construction loan

Calta Group will move forward with an apartment complex in Hollywood after obtaining a $60 million construction loan. Bridgeinvest provided the mortgage to Coral Gables-based Calta Group, led by Ignazio Caltagirone and brother Gaetano Caltagirone. Concord Summit Capital’s David Larson, Keegan Burger, and Daniel Rojo arranged the deal, which includes [...]

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April 25, 2023

Italian developers score $60M construction loan for Hollywood apartments

The Calta Group scored a $60 million construction loan for a Hollywood apartment project, marking the firm’s first multifamily development. Calta, led by Italian brothers Ignazio and Gaetano Caltagirone, and Miami-based Gilu Development, will build the eight-story Revv Hollywood project at 2233 Hollywood Boulevard, according to a company news release. [...]

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April 5, 2023

“Extra pain”: Developers with maturing multifamily construction loans face woes

While extension options allow some developers to wiggle out of expensive refinancings, they also bode poorly for banks’ abilities to make new loans. The more borrowers that extend instead of paying off debt, the less liquidity banks have to refinance maturing construction mortgages that don’t have extension options or other [...]

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March 20, 2023

South Florida Business Journal asked what makes BridgeInvest a best place to work, managing partner Alex Horn had a simple answer: “Our employees.”

A national private real estate lender focused on short-term financing, BridgeInvest features a flat organizational structure. Leaders encourage each employee to pursue personal development; there’s a 100% transparency policy; and everyone’s voice is heard, opinions matter, and all are taken into consideration in improving the company, Horn said. The firm [...]

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January 13, 2023

Trio of Class A warehouse buildings coming to Salem County

Carneys Point will be the site of three Class A warehouse buildings at the former Salem Business Center following Delaware River and Bay Authority’s sale of its last remaining properties at the site. D2 Collins LLC, an affiliate of the D2 Organization, acquired 1, 3, 4 and 7 Collins Drive at [...]

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January 13, 2023

D2 Organisation Acquires 48-Acre Warehouse Development Site in Carneys Point, NJ

Philadelphia-based investment group D2 Collins, LLC, an affiliate of the D2 Organisation, has acquired 1, 3, 4, and 7 Collins Drive warehouse site at Salem Commerce Park in Carneys Point, New Jersey, the company said. Miami-based BridgeInvest provided USD 16,100,000 in financing towards acquisition and pre-development costs. The debt was [...]

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January 13, 2023

Investor eyes 586,000 sq. ft. warehouse project after buying Salem County parcels

An investment group has purchased a 48-acre development site in Salem County, seeking to expand its holdings and capitalize on growing industrial rents in the region. According to the buyer, D2 Collins LLC, the deal includes the former Salem Business Center in Carneys Point, spanning 35 acres across three vacant [...]

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November 1, 2022

Electra, BH purchase former Cutler Bay Sears store for $34M

Electra America and BH Group added a former Sears store to the joint venture’s Southland Mall assemblage slated for a $1 billion overhaul. The joint venture acquired the 130,000-square-foot big box building for $34 million from Seritage Growth Properties, the New York-based Sears spinoff that is shedding real estate assets in [...]

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April 6, 2022

London firm resurfaces in NY with $50M Soho deal

London-based Chelsfield Group picked up the ground lease at 580 Broadway, an ornate office building in Soho spanning 128,000 square feet, for $50 million, real estate records show. Miami’s BridgeInvest provided $35 million in financing for the acquisition. Nathaniel Mosery’s Broad-Prince Realty owns the land beneath the building. Read the [...]

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March 18, 2022

Sunny Isles Beach penthouse bought out of bankruptcy for $21M

The top-floor penthouse at the Regalia condominium in Sunny Isles Beach was sold in a deal approved by U.S. Bankruptcy Court. Regalia Units Owner LLC, managed by Christiane Bomeny, sold the 9,193-square-foot Unit 43 in the tower at 19575 Collins Ave. The transaction amount wasn’t recorded in Miami-Dade County records because [...]

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December 6, 2021

Moxy Hotel in Wynwood to break ground after developer obtains $35M loan

The Moxy Hotel will soon break ground in Miami’s Wynwood Arts District after the developer obtained a $35 million construction loan. BI 71 LLC, an affiliate of Miami-based lender BridgeInvest, provided the loan to Wynwood Hospitality Holdings LLC, an affiliate of Miami-based Baywood Hotels, led by Chirag Desai. It covers the [...]

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December 6, 2021

Exclusive: BridgeInvest raises $280m

Miami-based real estate firm BridgeInvest has held a final close for its third real estate credit fund, the firm confirmed to PERE. Launching in August 2020, the fund raised a total of $280 million in equity commitments after 13 months in market and achieved $400 million in total capitalisation. BridgeInvest [...]

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December 3, 2021

BridgeInvest Lends $64M for South Florida Assisted-Living Development

Rieber Developments has landed an $83.8 million debt package to build an assisted-living mixed-use development in metropolitan Miami, Commercial Observer has learned. Miami-based BridgeInvest supplied a $63.5 million senior construction loan for Rieber’s 400,000-square-foot project called 1212 Aventura in Aventura, Fla. It will feature 163 luxury senior residences, 29,684 square feet of retail and 25,796 square [...]

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September 22, 2021

Wynwood restaurant, nightclub building sells for $10.5M

A restaurant and nightclub building in the Wynwood Arts District has sold for $10.5 million. RW NW 24th St LLC, managed by Jeremy Rincon in Miami, sold the 6,500-square-foot building at 151 N.W. 24th St. in Miami. Wynwood 151 NW 24 St LLC, managed by Alvaro Rojas, bought the property. BI 60 [...]

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April 14, 2021

Doraville’s huge Assembly project gets new financing

The master developer of Doraville’s former General Motors auto plant is refinancing a $40 million loan with a new lender and for a higher amount. Atlanta’s Integral Group is leading the redevelopment of the approximate 160-acre former GM plant now known as Assembly into a $2 billion mixed-use, transit-oriented development. [...]

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September 29, 2020

Benefit Street Provides $28M Refi on Luxury Miami Apartment Development

Benefit Street Partners Realty Trust (BSPRT), a real estate investment trust affiliated with Benefit Street Partners, has provided $27.5 million in debt financing to an entity controlled by Marlon Gomez, the managing principal of Miami-based Gomez Development Group. The debt refinances 275 Fontaine Parc Luxury Apartments, a new 133-unit luxury rental development in Miami, Commercial [...]

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February 7, 2020

CRE Finance: Where to Find the Money

Towards the end of 2019, BH LLC secured a high-leverage, $12-million senior loan on two retail-and-residential buildings in Manhattan’s East Village. At one of the properties, Momofuku Noodle Bar serves as the anchor tenant and is secured in a long-term lease; however, aside from the restaurant tenant, the investment is [...]

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June 30, 2019

Commercial Observer: Rieber Lands $36M Construction Loan on Florida Medical Office and Hotel Project

BridgeInvest, a lender based in Miami, has originated $36 million of construction financing to fund the development of Ivory 24, a mixed-use commercial building, in Aventura, Fla., the company behind the project announced today. The project is led by Rieber Developments and includes medical office, retail and a 100-room hotel [...]

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January 9, 2019

The Real Deal: Waldorf Astoria tower in downtown Miami scores $33M pre-development loan

Property Markets Group landed a $33 million pre-development loan for the Waldorf Astoria Hotel & Residences Miami before the end of the year. BridgeInvest provided the loan, which will be used to finalize approvals and launch condo sales, according to a release. The development will mark the first in Miami for Waldorf, [...]

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October 31, 2018

The Real Deal: Gomez scores $24.25 MM Construction Loan for Fontainebleau Apartments from BridgeInvest

A company tied to developer Marlon Gomez just scored a $24.25 million construction loan from BridgeInvest to build an apartment complex in the Fontainebleau area of Miami. Fontaineparc will will use the loan to build a 133-unit building at 275 Fontainebleau Boulevard in western Miami-Dade County. Construction is set to begin [...]

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October 10, 2018

GlobeSt: When Rehab Beats Removal

BridgeInvest has provided a $5.2 million acquisition and rehabilitation loan for a 75 year-old, 12-unit rental apartment building on Collins Avenue in Miami Beach, Fla. Eastern Union Funding arranged the financing, which includes a capital expenditure reserve for the gut renovation of the property. Click here for the full article [...]

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July 18, 2018

Tampa Bay Business Journal: Developers of 35-story condo tower in downtown Tampa’s Channel district aim for early 2019 groundbreaking

The developers known for pioneering projects in downtown Tampa's Channel district are moving forward with the neighborhood's first new condominiums in more than a decade: 35 stories of luxury units on Channelside Drive. Mercury Advisors has secured a $45 million development loan for Eleve 61, which will be built at 858 Channelside [...]

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June 21, 2018

The Real Deal: Design 41 secures $28M loan from BridgeInvest

BridgeInvest recently provided a $28 MM refinance and improvement loan on a landmark 48,085 square foot mixed-use building in the heart of Miami’s Design District. The mixed-use project at 112 Northeast 41st Street has already completed construction and the developer is using the loan to put some “finishing touches” into [...]

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May 21, 2018

The Real Deal: Miami-based firm borrows $21.5M to build a Tru by Hilton hotel in Orlando

Miami-based Epelboim Development Group got a $21.5 million loan to finance construction of a Tru by Hilton hotel in Orlando. The site of the eight-story, 259-suite hotel on Westbrook Avenue in Orlando is across from the Orange County Convention Center. The hotel is expected to open in the fourth quarter [...]

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May 14, 2018

Costar News: Charlotte’s First Food Hall Brings Home the Bacon

Paces Properties, the developer that created Atlanta’s Krog Street Market, just landed a $40 million construction loan for a large adaptive reuse project that will house Charlotte, NC's first food hall. BridgeInvest, a provider of short-term, senior-position bridge loans, said Friday it closed the construction loan for the Tompkins Hall [...]

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May 11, 2018

South Florida Business Journal: Miami-Based Commercial Lending Fund Seeks to Raise $200 MM

Miami-based BridgeInvest has launched a fund to make commercial real estate loans, with the goal of raising $200 million. Managing partner Alex Horn said the fund will target first mortgage loans in the southeastern U.S. with limited or no cash flow, customized terms and a short-term closing. For example, BridgeInvest [...]

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April 23, 2018

Law 360: Conference Focuses On Sea Level Rise Resiliency For S. Fla.

A climate change conference in Miami was a mixture of optimism and dread on Wednesday, as experts in the science, insurance and development communities presented sobering figures about sea level rise estimates and discussed how South Florida can build resilient communities to adapt to increased flooding. At the conference, sponsored [...]

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April 5, 2018

Hiring: Controller Position

BridgeInvest is seeking a full-time, seasoned professional to join our team as a Controller, who will be responsible for finance, accounting and operations/compliance. The candidate should be an independent self-starter with strong accounting and finance background, ability to multitask and excellent attention to detail. This is a senior, managerial role [...]

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March 28, 2018

Why Investors Need to Roll Up Their Sleeves

Alex Horn, BridgeInvest's founder and managing partner, discusses the alternative lending environment and explains how the financing needs of small-property borrowers changed in the years following the recession. BridgeInvest is a relatively new player in the lending landscape. With roughly seven years since it began its operations, the real estate [...]

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March 20, 2018

Curbed Atlanta: Midtown Condo Project

Juniper and 5th venture lands financing for one of Atlanta’s largest new condo communities in ages. Development wonks have argued for years that Atlanta is starved for condos, as opposed to apartments, and now a developer with a growing presence in the city is preparing to test that assertion in [...]

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March 6, 2018

San Antonio Express News: Lone Star Brewery owner avoids foreclosure with $11M loan

The Lone Star Brewery’s owner has avoided foreclosure by refinancing its debt, putting a stop tothe financial chaos that has engulfed the brewery since a $300 million plan to redevelop it fell through last summer. The brewery was scheduled to be sold on the steps of the Bexar County Courthouse [...]

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August 8, 2017

South Florida Business Journal: Congratulations to BridgeInvest’s Alex Horn for Making the 40 Under 40 list

Welcome to our 2017 40 Under 40 Awards package, which celebrates 40 business executives 39 and younger that exemplify innovation and leadership in their competitive fields. This special section highlights how our 40 Under 40 honorees have made significant contributions to their companies, sectors and communities. And while youthful, make [...]

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August 8, 2017

South Florida Business Journal: Top Bankers Drive Economy, Community and Culture

It should come as no surprise that each year's Power Leaders in banking and Finance honorees are the executives who help fuel South Florida's economy. From driving local, national, or international banks, and locally-focused community banks or credit unions, these leaders serve unique needs and help spur regional growth. Dig [...]

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July 24, 2017

The Real Deal: Tricera Capital and Alex Karakhanian pay $2.8M for Design District development site

Tricera Capital and investor Alex Karakhanian just paid $2.8 million for a site in the Miami Design District where they plan to develop a retail building, Tricera’s co-founders Ben Mandell and Scott Sherman told The Real Deal. Tricera and Karakhanian’s LNDMRK Development bought the property at 4112 Northeast First Avenue [...]

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June 14, 2017

The Wall Street Journal: Bank-Owned Homes Get a Fresh Look From Wealthy Buyers

Affluent home buyers, desperate for inventory in the hottest markets, are giving a fresh look to bank-owned homes. Savvy buyers could be rewarded with a discounted luxury home in a posh neighborhood. But they also could be stepping into a money pit with legal snarls. It’s a risk more buyers are willing [...]

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March 30, 2017

The Real Deal: Trump presidency to have a positive impact on SoFla real estate investment

As Donald Trump inches closer to his 100th day in office, the pivotal moment most U.S. presidents are judged as to whether their agendas are moving forward, the commander-in-chief remains mired in a never-ending storm of controversy. Yet, having the New York billionaire developer at the country’s helm will only [...]

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November 30, 2016

The Real Deal: Driftwood scores $16M construction loan for Doral hotel, including EB5 funding

With construction well underway at their Hilton branded hotel in Doral, partners Driftwood Hospitality Management and American Opportunity Regional Center just secured a $16 million loan to help finance the project, including $10 million from EB5 investors. County records show the loan was sourced both from an affiliate of Miami’s [...]

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November 15, 2017

BridgeInvest Launches Construction Lending Program

Fast, Alternative Lending for Construction Has Arrived We are proud to announce a dedicated construction lending program designed to meet your financing needs and help capture timely market opportunities. BridgeInvest utilizes a fully-discretionary fund to provide bespoke, non-recourse financing for construction projects. We offer quick approvals and flexible terms. See [...]

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November 1, 2016

BridgeInvest Launches Specialty Credit Private Equity Fund

BridgeInvest announces its first closing of the BridgeInvest Specialty Credit Private Equity Fund with initial capital commitments of $47 million. The discretionary fund will invest exclusively in short-term, first-mortgage loans secured by unique commercial and residential real estate assets in the Southeast US. The Fund’s investment strategy targets capital preservation [...]

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October 15, 2015

Loans On Your Schedule, Not Ours

Why Having a Fixed Funding Date Matters In our regular meetings with potential borrowers, one of the points that we like to stress is the advantage of having a fixed funding date. As we outlined in our “Bridge Loan Basics” post, one of the key advantages of private financing, aside [...]

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January 8, 2015

The Bridge Loan Basics

What is a bridge loan? What differentiates it from a traditional mortgage? Bridge loans are short-term loans often used as interim financing until a longer term solution becomes available to borrowers. Often referred to as hard money loans, these loans differ from a traditional mortgage in several ways, including: Duration. [...]

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July 26, 2013

The “Unintended” Emergence of Private Lending

Where We are Now. Due to extensive efforts by U.S. banks to comply with both new international and domestic banking standards, we are seeing a rise in demand for private lending for situational loans, such as commercial bridge loans. Basel III—a global regulatory standard on bank capital requirements, leverage ratios, and liquidity [...]

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