Briar Capital Real Estate Fund closed new $10.8MM commercial real estate loan to a 30+ year old industrial tool supplier in Georgia. The business was referred to Briar Capital by the company’s asset-based working capital lender after they learned...
Read Story
December 20, 2024, 07:34 AM
|
Briar Capital Real Estate Fund closed a new $2.3 million commercial real estate loan in Georgia to a Tennis and Aquatic Recreational Facility. The transaction was a refinance of a 6-year-old seller note where the seller desired to exit the debt to...
Read Story
September 03, 2024, 09:14 AM
|
Briar Capital Real Estate Fund closed of a new $4 million commercial real estate loan in New York to a business providing warehousing and transportation services in the Northeast. During COVID, revenues for this transportation business materially...
Read Story
July 09, 2024, 06:00 AM
|
Briar Capital Real Estate Fund continued the expansion of its business development team with the hiring of Jonathan “JD” Davis. Working out of Briar’s Houston corporate office, Davis will be responsible for sourcing new business in Texas and the...
Read Story
March 21, 2024, 07:12 AM
|
Briar Capital Real Estate Fund announced the hiring of Larry Ellis as Senior Vice President, Business Development. Based in Houston, TX, Ellis will be responsible for sourcing new business in Texas and the Southwest United States. Ellis brings with...
Read Story
December 13, 2023, 07:38 AM
|
Briar Capital Real Estate Fund and Pathward announced they each simultaneously closed new loan facilities totaling $23.9MM to a precast concrete company with manufacturing facilities in Houston and San Antonio, Texas. Briar Capital provided a $8.9MM...
Read Story
November 14, 2023, 07:36 AM
|
Briar Capital Real Estate Fund closed a new $13.8MM real estate acquisition loan to a foreign owned, start-up company in the green energy space. Having identified a large, heavy industrial facility in Southeast Texas to house its US manufacturing...
Read Story
November 09, 2023, 06:00 AM
|
Briar Capital Real Estate Fund closed a new $10 million Debtor-in-possession (DIP) loan to a chemical manufacturer in Houston, TX. Using the company’s manufacturing plant and excess land as collateral, Briar Capital provided a DIP loan facility to...
Read Story
November 02, 2023, 07:21 AM
|
Briar Capital Real Estate Fund closed a new $3.8MM+ commercial real estate loan in Georgia to a manufacturer of wood products for the arts and craft industry. The initial transaction was an owner buyout of a family member with a simultaneous new...
Read Story
August 24, 2023, 07:27 AM
|
Briar Capital Real Estate Fund closed a $8.95 million real estate loan for a family-owned OEM of drivetrain and powertrain assemblies in Michigan. Briar Capital’s real estate loan was closed in conjunction with a total debt and operational...
Read Story
May 22, 2023, 05:06 AM
|
Briar Capital Real Estate Fund closed a $7.9 million commercial real estate loan to a precast concrete products company located in Florida who had been dealing with supply chain issues and material shortages as a result of COVID. Pressured to leave...
Read Story
November 03, 2022, 07:43 AM
|
Briar Capital Real Estate Fund ("Briar") closed a new $1 million real estate loan facility to a Detroit area manufacturer of high precision cutting tools used across multiple industries around the country. After a rough 2019 which saw them lose...
Read Story
September 07, 2022, 05:00 AM
|
Briar Capital Real Estate Fund closed a $3.5MM commercial real estate bridge loan for a troubled property located in Phoenix, Arizona. The property, which had been vacant since the onset of COVID-19, sustained fire damage during the vacancy period...
Read Story
April 27, 2022, 07:00 AM
|
Briar Capital Real Estate Fund announced its expansion into the Midwest market with the hiring of Jill Kirshenbaum as Senior Vice President of Business Development. Based in Chicago, Kirshenbaum is responsible for developing and maintaining...
Read Story
March 02, 2022, 06:41 AM
|
Briar Capital Real Estate Fund provided a new $6.75MM real estate term loan to a toy manufacturer and distribution company located in the Northeast United States. The COVID Pandemic had created challenges with the company’s retail distribution...
Read Story
October 14, 2021, 07:00 AM
|