Latest Transactions: Real Estate Financing Extended in PA, NJ & OH

Aug 15, 2018 | Deals

Alternative asset fund supports apartment investment, beach front B&B, and value-add construction projects

Through its Alternative Asset Fund I, Main Line Equity Partners has made new debt investments for the following growth ventures:

A trustee of a Family Trust Fund partnered with Main Line Equity Partners to secure $1 million for financing new real estate construction projects in Avon, Ohio. The funds will be used to improve and stabilize several real estate investments that the Family Trust Fund holds in its portfolio.

The owner of Cafe Alessio secured $500,000 of capital to refinance debt and to renovate the restaurant and the apartments. Its location is at the corner of Main and State Streets in the heart of Doylestown, Bucks County (Pennsylvania).

The Driftwood in Point Pleasant Beach, New Jersey secured $1.2 million of financing to renovate its beach front property—36-room bed and breakfast, outdoor pool, and walk-up restaurant—that will re-open in the summer of 2019.

Main Line Equity Partners offers asset, revenue, and cash flow-based financing solutions for small businesses that typically need between $500,000 and $3 million for Real Estate, Software & Technology, and Acquisition.