American Community Lending (ACL), a leading provider of real estate bridge loans, announced the successful closing of a $17.5 million investment-grade corporate note financing. Proceeds from the transaction will be used to support lending operations and continued portfolio growth.
Since 2020, ACL has provided over $300 million in capital for commercial real estate construction throughout the U.S. The company specializes in providing asset-based financing for commercial real estate investors, offering high-yield, short-term bridge loans collateralized primarily by first liens on commercial real estate for pre-development, ground-up construction, acquisition, and rehabilitation projects.
"This financing milestone helps to advance our Company's strategic objectives," said Scott Campbell, ACL's Chief Executive Officer. "The transaction strengthens our platform and reflects the confidence institutional investors have in our business model and market position. As the bridge lending landscape continues to evolve, we remain focused on delivering reliable capital solutions to experienced real estate sponsors."
Tom Nardone, Chief Financial Officer at ACL, added, "Completing this transaction significantly strengthens our capital base and expands our origination capacity, while enhancing our ability to address market demand. We look forward to using this new capital to support a greater number of clients in bringing their projects to life."
The investment-grade rating reflects ACL's strong track record and solid financial position in the commercial real estate bridge lending market. This inaugural corporate note represents a significant milestone for the company, demonstrating its ability to access institutional capital markets and diversify its funding sources.
Brean Capital, LLC served as the Company's exclusive financial advisor and sole placement agent in connection with the transaction, facilitating the successful completion of this strategic financing initiative.