Red Oak Financial Provides $10M Bridge Loan For Office/Industrial Property In Bloomfield, CT

The office/industrial property located at 1360 Hall Blvd in Bloomfield, CT has been involved in a closed transaction. The property spans across 435,853 square feet and is owned by an undisclosed party. The deal was facilitated by Red Oak Financial, acting as the broker representative. The transaction took place on April 13, 2022.

Summary of transaction details:

• Property Type: Office/Industrial
• Transaction Date: 04/13/2022
• Address: 1360 Hall Blvd, Bloomfield, CT
• Market: Bloomfield, CT
• Square Footage: 435,853

The financing for this transaction was secured through a bridge loan provided by Red Oak Financial. The loan amount was $10,000,000. The bridge loan type was chosen to facilitate the transaction and meet the financial needs of the property owner or buyer.