Jan
07

Grandbridge Secures Clear Lake Bridge Loan

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The trust has invested in numerous U.S. real estate assets, including the six-story, 138,633-square-foot single-tenant office building in Clear Lake.
HOUSTON–Grandbridge Real Estate Capital has secured a $6.2-million bridge loan for a Clear Lake office building owned by a sovereign wealth fund operated by the Republic of Nauru, GlobeSt.com has exclusively learned.The two-year loan was provided to the Nauru Phosphate Royalties Trust, a subsidiary of Nauru Realty Trust, by a direct small-balance commercial real estate lender. Adam Lipkin, vice president of Grandbridge’s Miami office led the deal…

Grandbridge Secures Clear Lake Bridge Loan

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