In August of 2014, Emerald Creek Capital provided a one-year $2,200,000 bridge loan in Warren, MI. This loan enabled the borrower to purchase an eight story office building. Built on a 5.09 acre site, the subject property has a gross building area of 96,811 SF and is over 80% occupied by more than 30 professional tenants. With over $200,000 of nonrefundable deposit at risk and a short window close, the borrower turned to Emerald Creek Capital for certainty of execution.
For more information, please contact:
Mike Cleaver, Director