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Welcome to Park Bridge Financial

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Park Bridge is a boutique investment bank specializing in commercial real estate finance. We offer several lines of services to institutional lenders, property owners and CMBS trusts:

  • Capital raising, including debt and equity placement and brokerage services
  • Workouts and debt restructuring
  • Valuations, portfolio reviews and analysis,
    loan underwriting and surveillance,
    litigation support and other lender services
  • Asset management services, including sales and disposition of loans and REO

Services

Capital Raising

Park Bridge has extensive experience raising institutional debt and equity capital customized to suit the needs of our clients. We place fixed-rate loans, floating and adjustable-rate loans, mezzanine loans, preferred equity, joint venture equity, revolving credit facilities, construction loans, permanent loans, bridge loans and acquisition loans.

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Restructuring

Park Bridge has extensive loan workout experience that spans several real estate cycles, includes all property types and covers all positions in the capital stack. Our real estate and structured finance expertise enables us accurately and efficiently to guide borrowers through the process. We maintain high-level relationships with many banks and virtually every CMBS master and special servicer. This access assures our clients prompt attention as well as real-time insight into current practices and requirements of loan modifications.

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Lender Services

Park Bridge provides a full range of services to portfolio lenders, CMBS issuers, conduit lenders, and b-piece buyers. Our team helps lending clients take transactions from application through closing and disposition. We have conducted loan reviews, operational assessments and loan valuations of performing and non-performing loan portfolios for money-center banks, community banks and life companies. We also have one of the largest operating advisor portfolios, providing surveillance and oversight on behalf of CMBS certificateholders.

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Asset Management

Park Bridge provides comprehensive asset management, consulting and surveillance services for portfolios of commercial real estate loans and REO. These services range from servicer oversight to direct restructuring negotiations and managing litigation with borrowers, senior lenders and junior lenders. We have extensive experience working with all types of debt including: first mortgages, CMBS loans, B-notes, mezzanine loans, construction loans and loan participations, and have served in formal roles, including as CMBS Operating Advisor and Subordinate Class Representative, and financial advisory roles for lenders seeking unbiased advice on performing and non-performing loan portfolios.

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Assignments

Multi-Family Owner/Operator

$45,000,000

A Florida-based multifamily owner/operator retained Park Bridge to raise a $45 million credit facility secured by a portfolio of 30 stabilized and yet-to-be repositioned Class C properties. Park Bridge successfully secured from a bank lender a revolving credit facility offering maximum flexibility.

CMBS Trusts

COMM 2013- CCRE 12

$1,197,628,380

Operating Advisor for a fixed-rate transaction

Click here to see all transactions

Public REIT

$18,000,000

Mezz Foreclosure and REO Sale

A public, non-traded REIT engaged Park Bridge to advise on the workout of a defaulted mezzanine loan in its portfolio. Park Bridge successfully negotiated a friendly foreclosure and solicited multiple bids for the equity. The winning bid recovered nearly 100% of the client’s original investment.

Hotel Developer

$13,000,000

A hotel developer engaged Park Bridge to procure first mortgage financing to acquire and redevelop an existing 65 room hotel. Park Bridge successfully identified, structured and negotiated a deal with maximum proceeds at a competitive interest rate, while providing the borrower with maximum flexibility to complete the construction project and implement its operating plan.

Retail Owner/Operator

$90,000,000

Regional Mall Loan Restructure

Park Bridge successfully negotiated a restructure on a $90 million floating rate loan. The transaction represented a 78% discount to the outstanding loan balance and was done in a tax efficient manner. The client was able to adjust its basis and now has the chance to profitably reposition the property.

Park Bridge Principals

Eli J. Hattem

Office: (212) 230-9093
Mobile: (917) 991-7093
eli.hattem@parkbridgefinancial.com

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John J. Regan, Jr.

Office: (212) 230-9024
Mobile: (914) 330-6174
john.regan@parkbridgefinancial.com

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David M. Rodgers

Office: (212) 230-9025
Mobile: (917) 414-8064
david.rodgers@
parkbridgefinancial.com

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Robert J. Spinna, Jr.

Office: (212) 230-9075
Mobile: (917) 885-0798
robert.spinna@
parkbridgefinancial.com

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Park Bridge Offices

New York

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Florida

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