Back to Funded Short-Term Bridge Loans

Short-Term Bridge Loan, Spotlight in Woodbridge, NJ

Need

The Sponsor approached Verus Commercial Real Estate Finance for a bridge loan to consolidate his debt on a mixed-use property that contained two long term ground leases with a national fast food chain and car dealership.

Solution

Verus Commercial Real Estate Finance provided the Sponsor with an 18-month bridge loan to give the Sponsor time to get a conventional long-term loan.

  • Location: Woodbridge, NJ
  • Property Type: Mixed-Use Property
  • Loan Type: Renovation
  • Loan Program: Short-Term Bridge Loan, Spotlight
  • Amount: $6,000,000

Connect With Us

Contact a VCREF professional who will guide you through our financing programs.
A loan representative will be in touch with you shortly!