Deal at a Glance
| Loan Amount | $2,337,500 |
| Property | Two adjacent national-tenant retail properties (auto parts + veterinary) |
| Location | Denver, Colorado |
| Transaction | Acquisition bridge loan |
| Lender | a national bank |
| Term | 18 months (February 2022 to August 2023) |
| Borrower Structure | Single-member LLC, sole member as guarantor |
| Collateral | First lien on both properties plus UCC-1 filing on fixtures |
| Closed | Q1 2022 |
The Deal That Walked in the Door
We are Commercial Lending Solutions, a commercial mortgage brokerage based in Los Angeles, and this financing brought us a buyer under contract to acquire two adjacent national-tenant retail properties along one of Denver, CO's principal east-west retail corridors, one occupied by an auto parts retailer and the other by a veterinary hospital operator. Rather than closing the two purchase contracts on separate timelines with separate lenders, the buyer needed a single bridge facility, arranged through a national bank, capable of funding both acquisitions together and closing on the seller's schedule. Commercial Lending Solutions specializes in net-lease retail acquisition bridge loans for investors across Colorado and nationwide.
Adjacent net-lease retail parcels along an established commercial corridor like East Colfax in Denver, Colorado often come to market from related sellers on a coordinated timeline, and a lender willing to finance both properties under one facility, rather than requiring two separate underwritings, made this a cleaner acquisition to execute.
What Made It Hard
- Closing two separate purchase contracts on one funding date. With signed contracts on both the auto parts parcel and the adjacent veterinary hospital parcel, the acquisition financing had to be sized and timed to fund both closings simultaneously rather than staggering them.
- Structuring the loan around a single-member borrowing entity. With one individual as both the sole member of the borrowing LLC and its guarantor, the lender's authorization and resolution documentation had to be airtight to confirm that individual's authority to bind the company on both properties.
- Sizing a bridge term against an anticipated takeout. The 18-month term gave the buyer runway to stabilize both properties' leases and financials before transitioning to permanent financing, requiring the acquisition and exit strategy to be planned together from the outset.
"Two purchase contracts closing on the same date under one loan is a coordination problem more than an underwriting one. Getting the single-member LLC resolution airtight upfront meant signing authority never became the thing holding up either closing."
How We Ran the Process
Trevor Damyan, a California-licensed real estate broker (CA DRE 02244836), placed the acquisition bridge loan with a national bank, with the loan resolution dated February 3, 2022:
- $2,337,500 in acquisition proceeds, funding the simultaneous purchase of both adjacent retail parcels under a single loan
- An 18-month term, running from the February 3, 2022 funding date to an August 3, 2023 maturity
- Collateral secured by both properties, with a UCC-1 financing statement filed against the borrowing entity's fixtures and business assets to protect the lender's priority position
- A certified single-member LLC resolution confirming the sole member's authority to borrow, pledge collateral, execute notes, and bind the company to the transaction
- Standard commercial closing conditions: title insurance, insurance coverage naming the lender as loss payee, and zoning compliance verification on both properties prior to funding
The bridge loan closed with both adjacent parcels funded simultaneously, giving the buyer control of the full corridor position ahead of a planned transition to permanent financing.
Why We Won This One
Structuring one bridge facility to fund two separate purchase contracts simultaneously, rather than forcing the buyer to sequence two closings with two different lenders, is what kept this acquisition on the sellers' timeline. Coordinating title, zoning, and insurance diligence across both parcels in parallel let the buyer close on both properties the same day rather than risking a mismatched timeline between the two contracts.
Getting the single-member LLC authorization documentation right from the outset also mattered on a deal where one individual stood behind both the borrowing entity and its guaranty. Confirming that authority cleanly through a certified resolution avoided any last-minute questions about signing authority holding up either closing.
Is This Structure Right for Your Deal?
If you're acquiring multiple adjacent net-lease retail properties under separate purchase contracts, a single bridge facility sized to close them together can simplify your timeline and your capital stack. We arrange retail property financing and bridge loans from a network of more than 1,000 capital sources.
Apply for financing or call us at 310.708.0690 to talk through your acquisition.
Trevor Damyan is a commercial mortgage broker at Commercial Lending Solutions with a background in structured finance at CBRE and Marcus and Millichap Capital Corporation. He specializes in bridge loans, construction financing, SBA programs, DSCR loans, and complex capital structures for investors and developers across all 50 states.
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