Briar Capital Real Estate Fund closed a new $12.023 million real estate loan facility for a company that provides oil country tubular goods (OCTG) services to support businesses in the oil and gas industry.
Briar Capital Real Estate Fund closed a $6.75 million real estate term loan with a toy manufacturer and distribution company located in the Northeast.
Briar Capital Real Estate Fund, a nationwide commercial real estate lender focused on the asset-based lending space, promoted Leah Goldberg to chief financial officer of the company. Prior to Briar, she served at Wells Fargo Capital Finance for seven years.
Briar Capital Real Estate Fund provided a $6 million real estate loan to a Texas-based metal fabrication and machine shop. The loan consists of a $5 million term loan and a $1 million revolving line of credit, both secured by the company’s real estate as collateral.
Briar Capital Real Estate Fund provided a term loan of $2.5 million to a Florida-based brewery. Along with brewing beer, the company also manufactures and packages cold brew coffee with plans to expand into hand crafted ice creams.
Briar Capital Real Estate Fund closed a $14 million real estate term loan for a pipeline service provider to the midstream oil and gas industry located in Houston. The loan was Briar Capital Real Estate Fund’s largest loan to date.
Briar Capital Real Estate Fund provided a $2.25 million real estate term loan to an airplane parts and equipment distributor located in Indianapolis, IN.