Woodland RV Park

1892 Capital Partners provided a $5,070,000 bridge loan to Belmont Loop RV and Resorts, LLC, secured by a newly constructed RV park located at 1880 Belmont Loop in Woodland, Washington.

Situated on a 3.71-acre site and completed in 2023, the property represents a growing segment within the hospitality and outdoor lodging sector, driven by increasing demand for flexible travel and RV accommodations. This financing was structured as a 12-month bridge-to-refinance loan, designed to support the borrower through stabilization and operational ramp-up.

The Opportunity

The subject property is a recently developed RV park entering its early operational phase.

While demand for RV and outdoor hospitality assets continues to grow, newly constructed properties often face a gap between completion and stabilized performance. During this period, traditional lenders typically require operating history that the asset has not yet had time to establish.

The borrower needed a short-term capital solution to bridge this gap and fully execute their business plan.

The Financing Solution

1892 Capital Partners structured a 12-month bridge loan at 12.00% interest, with leverage at 65% loan-to-value (LTV).

The structure provided:

• Capital to support operational stabilization
• Time to optimize occupancy and performance
• Flexibility aligned with the borrower’s business plan
• A clear path toward refinance into permanent financing

Rather than relying solely on historical financials, underwriting focused on the in-place potential of the asset and market demand for RV accommodations.

Why Bridge Financing Made Sense

For newly developed hospitality and outdoor lodging assets, timing and flexibility are critical.

Even well-located, high-quality properties can face challenges when:

• Operating history is limited
• Stabilization is still in progress
• Traditional lenders require seasoned performance

A bridge loan allows borrowers to capture the upside of stabilization before transitioning into long-term debt.

Execution & Outcome

1892 Capital Partners successfully closed this bridge-to-refinance loan, delivering certainty of execution in a time-sensitive environment.

The borrower is now positioned to:

• Stabilize occupancy and operations
• Improve overall asset performance
• Refinance into long-term financing at a stronger valuation

This transaction reflects 1892’s approach to lending: understanding real-world timelines, underwriting future performance, and providing capital that moves with the deal.