FINANCIAL_SERVICESRECOMMENDED

Bridgewater Proposes $25.5 Million Construction Bridge Loan

Bridgewater Bank proposed a $25.5 million equity bridge loan to finance Santa Clara I construction. The 13-month facility would carry an estimated 6.50% fixed rate, require monthly interest-only payments, and include a 1% origination fee.

Document date · September 22, 2026

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Veritone logo
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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Scope & details

The full contract record, as filed.

Contract amount
Up to $25,500,000, currently estimated at $25,500,000
Contract type
FINANCIAL_SERVICES
Contract term
13-month construction period
Document type
StaffReport
Source document
Housing Finance Authority of Miami-Dade County StaffReport Credit Underwriting Report Santa Clara I 2026-09-22

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Housing Finance Authority of Miami-Dade County?

Bridgewater Bank was awarded this financial services contract by Housing Finance Authority of Miami-Dade County, as recorded on September 22, 2026. The contract value is Up to $25,500,000, currently estimated at $25,500,000.

How much is the Bridgewater Bank contract with Housing Finance Authority of Miami-Dade County worth?

The Bridgewater Bank contract with Housing Finance Authority of Miami-Dade County is valued at Up to $25,500,000, currently estimated at $25,500,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a staffreport record.

Where was this contract approved?

This contract appears in Housing Finance Authority of Miami-Dade County StaffReport Credit Underwriting Report Santa Clara I 2026-09-22 (StaffReport), dated September 22, 2026 from Housing Finance Authority of Miami-Dade County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bridgewater Bank hold?

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