Firm reinforces expertise in delivering time-sensitive CRE financing solutions
Northern Ridge Capital (“NRC”), a boutique commercial real estate financing firm, announced the successful closing of a $2.5 million bridge loan on a parcel of land in Florida, a transaction that prevented imminent foreclosure by the sponsor’s existing lender. The deal highlights NRC’s ability to structure and execute financing solutions under urgent circumstances while protecting sponsor equity and keeping projects on track.
For the borrower, this financing was a critical lifeline. Facing the prospect of foreclosure, the sponsor required immediate liquidity to satisfy a maturing bank loan. NRC worked quickly to arrange a bridge solution that allowed the sponsor to stabilize the property, obtain entitlements, and maintain control of a valuable parcel within a competitive growth market.
“Speed and certainty were non-negotiable in this transaction,” said Justin Ashcraft, President at Northern Ridge Capital. “Our team navigated lender negotiations, structured the right bridge capital, and delivered execution in a matter of weeks. At NRC, we view every deal as an opportunity to solve a client’s most urgent challenges—and this closing demonstrates our commitment to protecting sponsor equity even under intense pressure.”
Bridge loans continue to play a vital role in today’s shifting commercial real estate landscape. As traditional banks tighten credit and borrowers face looming maturities, many sponsors are turning to alternative capital providers for flexible short-term financing. NRC has positioned itself as a trusted partner in this environment, bringing deep capital markets expertise and a curated network of lending relationships to every transaction.
This closing underscores NRC’s growing reputation for precision deal execution in high-stakes scenarios. Whether a sponsor is seeking bridge financing to refinance a maturing loan, construction debt for ground-up development, or specialized funding for unique asset types, NRC provides customized solutions designed to match capital with opportunity.
If you have a deal that needs financing we can help. Visit our Contact page here, or schedule a time to connect.