Bridge Loan, New Providence, New Jersey - Retail Acquisition

Client : An experienced local operator expanding their business.

Transaction : The acquisition of a retail real estate property in New Providence, New Jersey.

Challenge : The client needed a fast closing that their local bank could not accommodate.

Opportunity : A retail site the borrower plans to transform into a wellness cafe and gourmet bagel shop offering organic smoothies and healthy supplements.

Action : Sherpa Capital Group funded a bridge loan for the retail acquisition, enabling the borrower to expand their business.