Bloomfield Capital Funds $2.5 Million Bridge Loan on Decatur, GA Apartment Community

Bloomfield Capital, a specialty real estate finance firm, has announced the closing of a $2.5 million senior bridge loan to purchase and renovate a 148-unit apartment community located in Decatur, GA. The project sponsor used Bloomfield’s senior bridge loan to purchase the asset and fund a renovation reserve. The…




TD Bank’s Commercial Real Estate Group Closes More than 240 Transactions Totaling nearly $6.3B in Commitments in 2014

 TD Bank, America’s Most Convenient Bank ®, announced that its Commercial Real Estate (CRE) Group closed more than 240 transactions totaling $6.3 billion in commitments in 2014. TD Bank’s CRE team increased its total commitments by nearly 9.5% in 2014 over 2013, highlighting the increased demand for TD’s…




Darden Restaurants plans to create real estate company, reports better sales

ORLANDO, Fla. — Darden Restaurants reported higher sales for the fourth quarter and announced a long-awaited plan to spin off its restaurant portfolio into a publicly traded real estate investment trust. The Orlando-based restaurant company showed modest growth at its Olive Garden chain, improving same-restaurant sales by 1.3 percent, while LongHorn Steakhouse sales were up 4.4…