ColumbiaNational Real Estate Finance Closes $3.5M Bridge Loan For Priest Bridge Centre In Crofton MD

The property asset involved in the transaction is Priest Bridge Centre, a mixed-use shopping center located at 2203-2227 Defense Highway in Crofton, MD. The transaction was centered around a bridge loan amounting to $3,500,000 from ColumbiaNational Real Estate Finance, indicating the asset's value in the retail market.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $3,500,000
• Lender: ColumbiaNational Real Estate Finance
• Broker: Stephen J. Arnold - ColumbiaNational Real Estate Finance
• Loan Type: Bridge
• Loan Date: 05/13/2025

The transaction was led by Senior Vice President Stephen J. Arnold, who played a pivotal role in securing the loan for the asset. ColumbiaNational Real Estate Finance facilitated this non-recourse bridge loan, highlighting their involvement in providing financing solutions for retail properties.