Deals & Cases

Polsinelli Represents Bridge33 Capital in $460 Million SASB CMBS Transaction

Polsinelli recently represented Bridge33 Capital, a high-growth vertically integrated real estate investment firm, in connection with a $460 million single-asset, single-borrower (SASB) CMBS transaction providing nonrecourse, floating rate financing to a multi-asset retail portfolio in nine U.S. states.

The portfolio includes 12 properties strategically located across Colorado, Georgia, Illinois, Indiana, Maryland, Michigan, Nevada, South Carolina and Texas, collectively totaling approximately 4.1 million square feet.

More information about this financing can be found here.

The Polsinelli deal team was led by Shareholder Genniveve Ramsey and Associate Brett W.R. Peanasky, with assistance from Associate Natalie E. deLatour and Real Estate Analyst Paige Bridges.