DIAMOND BAR, Calif.--August 24, 2021--NuBridge Commercial Lending, a national commercial real estate bridge lender, entered a $73.5 million 36-month revolving credit facility with a syndicate of banks, with Cadence Business Finance serving as agent. The bank group also includes Sunflower Bank, Congressional Bank and Dominion Bank. Cadence originally committed $30 million to NuBridge and successfully increased the facility through syndication.
Check out NuBridge Commercial Lending in the May issue of the Scotsman Guide.
Check out NuBridge Commercial Lending on the May cover of the Scotsman Guide.
DIAMOND BAR, Calif.--March 30, 2021--NuBridge Commercial Lending LLC, a small-balance commercial bridge lender, announced today its completion of a new senior secured revolving credit facility with Cadence Business Finance, a division of Cadence Bank. The initial size of this 36-month committed credit facility is $20 million and is expected to grow to at least $50 million.
LOS ANGELES COUNTY, Calif. and DALLAS, Aug. 27, 2020 -- Trive Capital ("Trive"), the Dallas-based private equity firm, is excited to announce the recent formation of NuBridge Commercial Lending LLC ("NuBridge"). Trive has partnered with an experienced management team to form NuBridge and build out a real estate platform focused on making first-lien, short-term bridge loans for commercial and multifamily properties across the United States.