Clopton Capital, a Chicago-based commercial real estate lender, is now offering bridge loans for commercial properties for transition scenarios nationwide.
According to the company, the loan sizes range from $1 million to $100 million. Eligible transactions for the companies program include quick acquisitions, rehabs and nearly completed construction, debt buy-backs, properties with lease-up periods, construction take-outs, and quick refinances.
‘Our funds are earmarked for scenarios where we can make educated judgments about the future value of a property,’ says Jake Clopton, company founder. ‘At the right parameters, it is a knockout opportunity for us and the borrowers.’