Case Study
May 10, 2024
East Houston, TX: Bridge Loan for Equipment Rental Facility
East Houston, TX
C2R Capital recently delivered a tailored bridge financing solution for a Houston-based real estate sponsor navigating a time-sensitive recapitalization of a stabilized industrial asset. The property, leased to a national credit tenant in the equipment rental sector, had recently been recovered through a distressed ownership transition.
In a complex and fast-moving scenario, the sponsor required immediate liquidity to resolve urgent financial obligations and position the property for long-term conventional refinancing. C2R stepped in as a nontraditional capital partner—capable of evaluating the full picture and executing quickly.
The deal was structured around a first-lien loan secured by the net-leased facility, enhanced by personal and corporate guarantees and a recurring royalty revenue stream from a national waste management firm. C2R’s expedited underwriting process ensured the sponsor could retain control of the asset and stabilize operations.
Loan Summary
Loan Amount
$4,290,000
Collateral
1st Lien on an Industrial Building
Term
12 Months
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