ORANGE COUNTY, Calif., (JULY 10, 2012) – Bridgeport Investments, an Orange County-based real estate investment banking and advisory firm, has successfully secured a commitment for $25 million of equity financing for several future acquisitions of industrial properties in California, according to the firm’s founding principal Randy Bramel (top right photo), a 30-year veteran of the real estate industry.
The $25 million equity commitment was raised by Bridgeport Investments from an institutional investor on behalf of CapRock Partners, a private investment firm headquartered in Orange County, California.
This is a second equity commitment that followed a $12.5 million commitment that Bridgeport raised in 2011, which CapRock used to acquire six buildings throughout California.
CapRock will use the additional funds to acquire industrial properties in California, which can include buildings, land, or non-performing loans secured by such property.
For a complete copy of the company’s news release, please contact:
Jenn Quader / Judith Brower
Brower, Miller & Cole
(949) 955-7940
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