MIAMI, June 27, 2021 – BayBridge Real Estate Capital, an affiliate of Berkowitz Pollack Brant Advisors + CPAs, today announced it helped land developer Lansing Companies secure a $20.5 million loan to acquire 1,538-acres of undeveloped land in Reno, Nev.
The financing arranged by BayBridge Real Estate Capital with Ardent Financial was a critical component of the $28.5 million deal between Lansing Companies and the prior owner. The land, located in a rapidly growing northern suburb of Reno, Nev., is zoned for residential and commercial use with almost 500 acres of open space to preserve the Swan Lake basin.
About BayBridge Real Estate Capital
The BayBridge Real Estate Capital team has a long history of bringing institutional capital to markets across the U.S.
An affiliate of Berkowitz Pollack Brant Advisors + CPAs, BayBridge helps developers and investors find the financing they need for a broad range of commercial real estate projects, with a focus on structured finance. The firm has offices in Miami, Ft. Lauderdale, Boca Raton, West Palm Beach and New York City.