Estimated reading time: 0 minutes, 27 seconds

Miami-based lender BridgeInvest, banking on an increased demand for short-term loans, just closed a second fund, with another in the works. So reports The Real Deal.

BridgeInvest provides construction loans in Texas and the southeast and its latest fund has a $200 million total cap. "It specializes in value-add deals where there is limited or no cash-flow, customized terms and short time frames,” according to the article. Short-term lenders are growing in popularity, as banks have backed away from customizable and ground up loans.

Read the full article from The Real Deal.
.

Read 44 times
Rate this item
(0 votes)

Visit other PMG Sites:

Template Settings

Color

For each color, the params below will give default values
Tomato Green Blue Cyan Dark_Red Dark_Blue

Body

Background Color
Text Color

Header

Background Color

Footer

Select menu
Google Font
Body Font-size
Body Font-family
Direction
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline