Bridger Commercial Funding, a San Francisco-based provider of commercial real estate capital, has announced the completion of a new round of capital financing (of an undisclosed amount) from its management and JMP Capital. Bridger said the investment will enable it to expand its lending and loan sales activities, including its BankXchangeloan sale advisory platform and STAR Loan products. The company said JMP Capital joins Banc of America Strategic Investments as Bridger's only outside investors, and that JMP president Walter Keenan has joined Bridger's board of directors. Bridger also announced that its BankXchange program has been retained on an exclusive basis to sell a $42 million pool of performing commercial real estate loans on behalf of an unnamed bank client. Bridger can be found online at http;//www.bridgerfunding.com.
Bridger Completes Financing Round
Published July 22, 2008, 1:00 p.m. EDT
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