Case Studies, Market Analysis, and Industry Perspectives
A seasoned real estate investor with a 54-property portfolio approached Spectra with a time-critical acquisition opportunity for Blackhawk Country Club, a private golf and country club facility in Stratford, Connecticut, requiring execution within six days.
A property owner faced an imminent foreclosure auction after her existing bank loan matured in March 2024 and a conventional lender withdrew from a refinancing transaction shortly before closing. Spectra provided time-critical bridge financing secured by a 10,000 square foot retail property in Parker, Colorado, that the borrower had owned since 2012.
The borrowers acquired a ten-unit multifamily property in Perth Amboy, New Jersey, through inheritance. When the existing lender called the loan, the new owners sought to assume the in-place financing but were declined by the incumbent lender, creating an immediate refinancing requirement.
The borrower secured a $3.6 million acquisition contract for over 150 acres of land in Hickory, North Carolina, having already invested over $700,000 in entitlement work to create 309 single-family paper lots. An executed purchase contract with Resibuilt, a regional homebuilder, provided for the sale of the entitled lots at $8.343 million, or $27,000 per lot.
An experienced property developer sought construction financing for a single-family residential project in Princeton, New Jersey. Traditional lenders were unable to provide financing that aligned with the project's requirements, creating an opportunity for Spectra to structure a creative capital solution.
Equity markets are reeling. Tariff-driven uncertainty, supply chain disruptions, and political instability have triggered sharp selloffs.
Experienced retail investors acquired a 55,632 square foot retail property in Greenwood, a suburban community within the greater Indianapolis metropolitan area. The borrowers sought a twelve-month bridge loan to fund both the acquisition and tenant improvement work required to reposition the vacant 2001-vintage asset.
A land developer approached Spectra requiring immediate acquisition financing for a 66-acre parcel in Kansas City, Kansas, after the initial lender failed to perform and the property seller declined to provide additional contract extensions. The time-sensitive nature of the opportunity—combined with an executed sale agreement with D.R. Horton Inc. to develop the land for residential construction—required rapid capital deployment to preserve the transaction.
Experienced residential developers with a demonstrated track record in ground-up construction sought financing to build a single-family rental unit in Hampton, Virginia, after a traditional construction lender withdrew from the transaction.
The borrower, a licensed chiropractor operating through a wholly-owned LLC, sought to leverage appreciated equity in his owner-occupied medical office building for immediate investment opportunities. Spectra structured a three-month interest-only bridge loan to provide interim capital while the borrower arranged permanent financing.
The borrower acquired this mixed-use asset in March 2021 through $1,675,000 in seller financing structured as a 3-year note. When the note matured in February 2024, the borrower pursued permanent financing with a traditional lender who ultimately withdrew from the transaction due to challenges in placing mixed-use commercial debt.
