In January of 2014, Emerald Creek Capital provided an eighteen- month $2,338,000 bridge loan secured by a neighborhood retail centers totaling 20,000 SF in the desirable Ahwatukee Foothills neighborhood of Phoenix, AZ. The property is located in a high traffic and affluent area with great visibility. Emerald Creek’s bridge loan enabled the borrower to refinance a CMBS loan that was approaching maturity.
For more information, please contact:
Jeff Seidler, Managing Director