ABLP has provided over 92 bridge loans
valued at over $233.8 million
to commercial property owners since 2012.
The following projects highlight ABLP’s successful approach to partnering with our clients to create value.
The borrower took over ownership of a family owned sports complex in 2010, and sought short term financing to meet county lease requirements. The borrower made failed attempts with other lenders before ABLP was able to satisfy the borrower’s financing needs in less than 30 days. ABLP diligently worked and succeeded to fund this complex loan before the lease extension deadline.
The borrower needed a quick closing to acquire a commercial retail center in the state of New York. In its capacity as “bridge” lender, ABLP enabled the borrower to secure timely financing
and more importantly the opportunity. Initially the appraisal came in lower than expected, but ABLP was able to work with all parties involved to restructure and come to a creative solution that achieved everyone’s needs.
“My experience working with ABLP has been one of the most professional transactions in my lending career. I was placing a $3,500,000 short term loan for my Client on a leased land commercial opportunity and was coming up against some hurdles with financing over the course of about 8 months.
I found ABLP and the team quickly digested the scope of the project and moved forward meeting all deadlines for funding. ABLP was focused on getting the deal done so it worked for everyone involved, anytime there was a question or problem, Bruce and his team were there to address the issue. It has been a pleasure to work with a team of such high integrity and professionalism.”
Mortgage Loan Officer
Recent Deal Closings*
New Castle, PA
Retail Strip Center
Mount Pleasant, SC
* Loans are originated by licensed brokers where required by law