CHARLOTTE, NC—Bridge loans are starting to make headlines again. The ink just dried on two more bridge loans via a boutique commercial real estate advisor.
Boutique commercial real estate advisor Talonvest structured $13.5 million in bridge loans for CIP Real Estate and its venture partners. One deal was in Charlotte and the other in Riverside, CA.
The first loan was a leveraged bridge loan for the refinance of Charlotte Commerce Center. A full-service commercial real estate lender utilizing its CDO and funded the $10 million non-recourse loan.
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