Briar Capital Real Estate Fund closed a $3.8 million commercial real estate loan for a Georgia-based manufacturer of wood products for the arts and craft industry.
Briar Capital Real Estate Fund provided a $4.35 million real estate term loan to a contract manufacturer in North Carolina providing utility enclosures and shelters as well as metal finishings for the automotive and HVAC industries to customers across North America.
Briar Capital Real Estate Fund and Kaldes Financial closed a $3.5 million commercial real estate bridge loan for a troubled property located in Phoenix.
It has been 20 years since former commercial finance behemoth FINOVA Capital crumbled into bankruptcy. While it was an exceptionally influential participant in alternative finance during its time, in the two decades since its downfall, the company’s impact can still be felt across the industry.