(PRWEB) August 28, 2012
Clopton Capital, a Chicago based commercial real estate loans firm which offers debt financing for income producing properties nationwide, is announcing that they are currently offering bridge loans for commercial properties for transition scenarios nationwide.
The commercial mortgages firm offers debt financing for most all commercial property types including special use properties such as hotels and gas stations in all markets throughout the country. Loan sizes that the company is seeking are from $1 million up to as much as $100 million, with a preference for higher loan amounts. Eligible transactions for the companies program include quick acquisitions, rehabs & nearly completed construction, debt buy-backs, properties with lease-up periods, construction take-outs, & quick refinances. In essence, the company is providing short term capital for value added and turnaround scenarios that most commercial banking will not touch. “Our funds are earmarked for scenarios where we can make educated judgments about the future value of a property. At the right parameters, it is a knock out opportunity for us and the borrowers,” says Jake Clopton, founder.
The company’s bridge program offers lower rates than many of the other private bridge lending groups out there, with rates as low as 6% in some cases. They are seeking loans on good properties in strong markets, not hard money loans for under-performing properties. The best way to learn more about the company’s program is to contact the company directly.
Clopton Capital ranks as one of the most active and dynamic commercial real estate finance firms providing lending options nationwide for income producing properties. Offering commercial mortgages, construction loans, bridge loans, and CMBS loans to borrowers for a diverse range of property types and ownership structures, Clopton Capital has the capability to meet almost any lending needs of property owners and managers.
For more information contact a loan officer by calling 866-647-1650 or http://cloptoncapital.com/bridgeloan.html