3,350,000 bridge loan
secured by a triple net retail building in Queens.
Governor Rick Scott activated the Florida Small Business Emergency Bridge Loan
Program to support small businesses impacted by Hurricane Irma.
As the home purchase market continues to heat up in many US markets, repeat buyers are increasingly looking to a bridge loan
as a way to manage the logistics and costs of buying a home before selling their current one.
3bn) loan agreement with a group of local banks to refinance an upcoming bridge loan
maturity and fund the development of hotels and shops in Makkah.
Six banks have joined a bridge loan
to back MetLife, Inc's (MET.
Mechel OAO (NYSE:MTL), a Russia-based metal mining company, has announced a two month extension to a bridge loan
AGEA raised $4 million in bridge financing in 2000, but when the market went south, the terms of the bridge loan
gave its providers extremely attractive terms for taking a stake in the company.
Since June, when the bridge loan
was arranged, the state's attempts at a grand political settlement to bring major private-sector utilities back to full financial health stalled, and the governor, the state Legislature, the PUC and the DWR began squabbling.
A bridge loan
is used as a temporary means to carry a company during its start-up phase or until long-term funds such as grants or other loans can be secured.
Second, a subsequent securities offering, publicly underwritten or privately placed by the investment banker (or an affiliate), is used to repay the bridge loan
as quickly as is practical.
NEW YORK -- Greystone, a leading national provider of multifamily and commercial mortgage loans, today announced the launch of the firm's healthcare bridge loan
11,500,000 bridge loan
secured by a 5-story, 30,000 SF, multifamily elevator building in downtown Brooklyn.