$1,875,000 First Mortgage

The Borrower sought acquisition and renovation financing for a 54 Multifamily Unit Asset in New haven, CT. Cerco provided timely bridge financing, enabling the Borrower to effectuate a timely closing and proceed with the renovation.

$3,850,000 First Mortgage

The Borrower sought acquisition and construction financing for a portfolio of 3 Detroit multifamily assets. Cerco structured a multi-tranched bridge loan, enabling the Borrower to effectuate a timely acquisition and immediately commence construction.

$2,900,000 First Mortgage

The borrower sought to refinance 64 units University Park Apartments in Westville, IN. Cerco's understanding of the market allowed it to see substantial merit in the asset and provided timely bridge financing.

$2,500,000 First Mortgage

The Borrower sought timely financing to effectuate the acquisition of a multifamily property pursuant to a 1031 exchange. Cerco was able to accommodate an extremely tight timeline, closing the deal in 5 business days.

$20,000,000 First Mortgage

The Borrower sought financing to complete the repositioning of a 25-story, 380k SF building from office use to a 177-key Aloft hotel and 88 multifamily tower sitting atop a base containing 227 parking spots. Cerco structured a multi-tranche loan in furtherance of Borrower´s objectives.