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Trident Capital Partners Provides Bridge Loan for Kansas City Retail Asset
Summary by Connect CRE
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Trident Capital Partners Provides Bridge Loan for Kansas City Retail Asset
Trident Capital Partners has provided a $1.5-million acquisition bridge loan for a newly constructed retail property within the Copperleaf Shopping Center in Blue Springs, Missouri. The six-month, full-recourse loan is secured by a first lien on the property, a 4,685-square-foot retail building housed on one of the center’s pad sites. The borrower, a partnership of three private investor groups, acquired the property to maintain control over dev…
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