Baytown, Texas
The Meridian Bridge Loan — Chicago Loop
Senior secured first mortgage bridge loan on a Chicago Loop Class A office tower. 9.5% fixed rate, 68% LTV, first lien non-recourse. Daily USDC interest payments. CLR-MB01 on Polygon.
Open
Polygon
CLR-GA22
Investment thesis
Senior secured first mortgage bridge loan on a 285,000 SF Class A office tower in Chicago’s CBD. First lien position at 68% LTV. Fixed 9.5% interest paid daily in USDC. Non-recourse structure with full cash flow sweep. Loan matures June 30, 2026.
Offering type: Credit — Senior Secured Debt
Token: CLR-MB01 · Polygon PoS
Interest rate: 9.5% fixed | LTV: 68% | Term: 24 months
Minimum: $5,000 | Position: First lien, non-recourse
Distributions: Daily USDC on-chain
Asset highlights
- Located in a top-quartile growth submarket
- Weighted average lease term above the asset-class median
- Sponsor co-invest of at least 5% of total equity
- Senior debt locked at fixed rate through the hold
Offering documents
- Private Placement Memorandum (PPM)Request access
- Operating AgreementRequest access
- Underwriting modelRequest access
- Subscription AgreementRequest access
Tokenization details
| Token symbol | CLR-GA22 |
|---|---|
| Blockchain | Polygon |
| Issuance standard | ERC-3643 |
| Custodian | Anchorage Digital Bank |
| Transfer agent | Securitize, LLC |
| Resale window | 12-month lock-up; secondary on partner ATS thereafter |