Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
Washington Post Publisher Will Lewis Steps Down After Layoffs 
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
BIRMINGHAM, Mich., Aug. 31, 2016 -- Bloomfield Capital, a national direct lender and specialty real estate finance firm, has announced the closing of a $2.7 million senior bridge loan. The loan proceeds were used to acquire and renovate an industrial distribution property located in Lansing, Michigan.
“Bloomfield’s funds will allow the Sponsor to acquire and redevelop a well-located warehouse/distribution asset in a submarket with limited supply and strong demand drivers,” stated Jason Jarjosa, a principal at Bloomfield Capital. Jarjosa also added, “There continues to be a lack of affordable distribution and warehouse space in the Midwest and the South. This project involves the conversion of a large single-tenant building into productive multi-tenant space. Bloomfield’s borrowers have come to appreciate our ability to see the value in renovating existing warehouse and distribution assets to serve the need of small and medium sized tenants.”
Bloomfield has closed loans on over 2,000,000 square feet of industrial and distribution space during the first 8 months of 2016.
About Bloomfield Capital
Bloomfield Capital is a private equity fund manager and a nationwide direct lender for commercial real estate transactions. The firm focuses on originating and purchasing commercial real estate loans as well as investing in other real estate related opportunities.
Bloomfield Capital meets the needs of time-sensitive transactions by specializing in small-medium balance debt opportunities ($1,000,000 - $15,000,000) and select joint venture equity participations with owners, operators and developers throughout the nation. We specialize in unconventional financings where expertise, local knowledge and attention to special circumstances will result in a substantial financial advantage to the project team.
Bloomfield Capital Contact: Erin Bourdic Senior Marketing Coordinator 248-745-1700 [email protected]
