News: Financial Digest

Edgewood Cap. Advisors close $3.5 million loan

New Haven, CT Edgewood Capital Advisors, a national commercial real estate bridge lender based in Southport, Conn., has closed a $3.5 million bridge loan on a portfolio of multifamily properties in the city. 

This loan is secured by eight properties totaling 30 units with proceeds used to pay off existing debt, pay closing costs, and provide working capital. The borrower is a successful, local real estate investor and entrepreneur.

Founded in 2002, Edgewood Capital is a private real estate firm that provides senior debt, mezzanine and preferred equity to real estate entrepreneurs. Edgewood has funded over $900 million of real estate debt since 2010. 

The principals of Edgewood Capital have institutional finance backgrounds averaging over 20 years of experience structuring and closing complex real estate transactions.

MORE FROM Financial Digest
Financial Digest

Example Story Title FD 1

Boston, MA The fall season always marks the return of IFMA Boston events, and this year is no different. Registration is now open for IFMA Boston’s FMForward Deep Dive 2024. The FMForward Deep Dive 2024 Conference will be held on November 19th at the Babson Executive Conference Center in Wellesley, Mass.
READ ON THE GO
DIGITAL EDITIONS
Subscribe