New College Recommends Bridge Funding Senior Loan
New College Of FloridaHigher Ed · Sarasota, FL- Disclosed value
- Approximately $40,000,000 senior loan; included in total debt not to exceed $47,500,000
- From agendapacket
- Document date
- Oct 30, 2026
The 30-second brief
New College recommended a senior financing agreement involving Bridge Funding Group, Inc., a BankUnited subsidiary, for the Atala Hall acquisition and refinancing of existing housing debt. The agreement is expected to be dated December 1, 2026, with senior-loan maturities extending to 2036 and 2056.
Bridge Funding Group Inc holds this financial services contract with New College Of Florida.
Term as filed: Loan agreement dated December 1, 2026; applicable senior-loan maturities of July 1, 2056 and July 1, 2036.
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Contract details
- Contract type
- Financial Services
- Amount
- Approximately $40,000,000 senior loan; included in total debt not to exceed $47,500,000
- Document date
- October 30, 2026
- Term
- Loan agreement dated December 1, 2026; applicable senior-loan maturities of July 1, 2056 and July 1, 2036
- Vendor
- Bridge Funding Group Inc
- Agency
- New College Of Florida
- Source document
- New College of Florida AgendaPacket Board of Trustees Finance and Administration Committee Meeting 2026-10-30 (AgendaPacket)
Bridge Funding Group Inc's other public contracts
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Questions about this contract
Who was awarded the financial services contract by New College Of Florida?
Bridge Funding Group Inc was awarded this financial services contract by New College Of Florida, as recorded on October 30, 2026. The contract value is Approximately $40,000,000 senior loan; included in total debt not to exceed $47,500,000.
How much is the Bridge Funding Group Inc contract with New College Of Florida worth?
The Bridge Funding Group Inc contract with New College Of Florida is valued at Approximately $40,000,000 senior loan; included in total debt not to exceed $47,500,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in New College of Florida AgendaPacket Board of Trustees Finance and Administration Committee Meeting 2026-10-30 (AgendaPacket), dated October 30, 2026 from New College Of Florida. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Bridge Funding Group Inc hold?
Bridge Funding Group Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is New College Of Florida currently buying?
Explore New College Of Florida's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.