DENVER—JCR Capital, a real estate finance company specializing in middle market properties, says it has closed more than over $127 million of loans through its new bridge loan program.
“We are very pleased with the progress of this new debt platform,” said JCR's CEO Jay Rollins. “It is an excellent complement to our equity platform, and JCR is now one of the few, if not the only, one-stop shop for commercial real estate finance that is exclusively dedicated to the middle market.”
JCR's new bridge loan program was created in 2014 to take advantage of the void in serving the middle market, the firm says. The platform is under the direction of Rob Brown, formerly with Deutsche Bank in New York. The middle market, transactions in the $5 to $20 million range, makes up the majority of assets by number in the US.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
