In April of 2013, Emerald Creek Capital provided an eighteen-month $2,600,000 commercial bridge loan in Norfolk, VA. This loan enabled the liquidity-strapped borrower to refinance his existing mortgage and continue active involvement in the real estate market. Emerald Creek Capital’s loan was secured by a fully-occupied 54,287 SF retail center serving Naval Station Norfolk – the world’s largest naval station.
For more information, please contact:
Mike Cleaver, Director