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B2R Finance is funded by Blackstone, not Bridgewater. Joshua Adler is not head of the fund nor has he ever been, Jason Hogg is. Joshua Adler is co-founder of L
by 15thandwhatever 11y ago
B2R Finance is funded by Blackstone, not Bridgewater.
Joshua Adler is not head of the fund nor has he ever been, Jason Hogg is. Joshua Adler is co-founder of LaKritz Adler, a real estate investment firm based in and focused on the Washington, DC area.
The minimum amount you can borrow from B2R is $5M (previously, it was $10M) -- so this isn't something your average homeowner is going to take out on their home.
And the article only has one reference to a 'bridge loan', and that's a $350K loan from a Brooklyn artist to Cyan.
B2R's end game is to acquire rental properties, with B2R being an abbreviation for "Buy to Rent".
- chatmasta 11y agoYeah, apologies to all for that. I mixed up a lot of names. Should have been more careful. I corrected myself in the only comment I could edit. Mixed up the names of Josh, Jason, and Adler. My mistake. I would edit if I could. Regardless I was interested in the discussion of bridge loans.