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Commercial Real Estate

Creating jobs by financing commercial real estate

Investing in mixed-use and commercial real estate projects creates jobs and wealth, brings new services to neighborhoods, grows the commercial tax base and anchors revitalization efforts. By financing commercial real estate projects in low-wealth communities and communities of color, BlueHub is able to play a catalytic role in increasing economic opportunities.

Our commercial real estate financing work

BlueHub Loan Fund looks to partner on commercial real estate projects that are part of broad economic development efforts supporting job creation, and that align with neighborhood investment plans. We’ve funded projects such as makerspaces, incubators for food production and start-ups, grocery stores, and storefronts. Whether it’s the renovation of an historic mill building or the construction of new mixed-use ground floor retail, we’ve worked with a range of borrowers to invigorate communities.

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A tenant at Greentown Labs, a climate tech incubator in Somerville, MA.
Photo by Marilyn Humphries.

What we offer

We are creative, accessible, relationship lenders.

At BlueHub Loan Fund, we customize our financing to match the needs of each borrower and project. We are life-cycle lenders, supporting projects throughout their development cycles, from early-stage predevelopment and acquisition financing, to permanent loans for stabilized buildings, and every financing need in between. We also provide technical assistance when and where it is needed to help borrowers access financing.

We have a track record of providing flexible, low-cost capital to commercial real estate projects that create vibrant spaces for businesses owned by local residents and/or people of color in low-income communities to thrive.

We offer a full range of flexible loan products for commercial real estate projects, including:

BlueHub Loan Fund helps with financing for real estate acquisition.

When the cash coming in from committed project sources does not align with the construction schedule or funder requirements, BlueHub Loan Fund can help with a bridge loan.

BlueHub Loan Fund provides short-term financing for construction, advancing funds into the project monthly after work has been completed and reviewed.

BlueHub Loan Fund works with developer partners to design financing that helps move mixed-use or commercial real estate projects forward.

BlueHub Loan Fund can provide longer-term financing for occupied properties that is supported by the net operating income of the development.

Once a borrower has a feasible project, identified sources of capital, a project timeline, and control of their site, BlueHub Loan Fund can fund a large portion of the up-front costs related to work with architects, lawyers and engineers to advance the development to construction closing.

BlueHub Loan Fund can provide debt behind senior bank financing when a project has sufficient cash flow and value to support additional debt.

“Putting this deal together required a pretty complicated acquisition strategy. It took some vision to understand what we were talking about and a lot of unwinding to get site control. [BlueHub Capital] worked with us through all of it, providing the acquisition loan that enabled us to secure the site. They’re a great partner.”

Kenan Bigby Trinity Financial on The Enterprise Building project

Who we partner with

BlueHub Loan Fund provides financing to large and small nonprofit and for-profit organizations across the country who are building or renovating commercial real estate that support local businesses, such as:

Our impact in commercial real estate financing


Invested in commercial real estate


Square feet of commercial real estate financed


Average loan size for commercial real estate projects

Contact us

For inquiries about BlueHub Loan Fund's community development financing work, please email LoanFundInquiry@bluehubcapital.org.

Meet our experts

Elisabeth Davis

Vice President of Commercial Lending Community Development Financing | BlueHub Loan Fund

Elisabeth develops loan products to meet evolving needs of community development projects in underserved areas across the country.

Karen Kelleher

President Community Development Financing | BlueHub Loan Fund

Karen is responsible for the impact, financial performance, portfolio quality and strategic direction of BlueHub Loan Fund.

Ena Kumar

Vice President of Commercial Lending Community Development Financing | BlueHub Loan Fund

Ena manages all aspects of providing commercial lending services to a diverse portfolio of BlueHub Loan Fund borrowers nationwide.

Fortunatus Mbeteni

Vice President of Commercial Lending Community Development Financing | BlueHub Loan Fund

Fortunatus manages all aspects of providing debt capital to a diverse portfolio of borrowers nationwide.

Michael Nilles

Senior Vice President, Team Leader Community Development Financing | BlueHub Loan Fund

Mike markets BlueHub Loan Fund to potential borrowers, underwrites loan requests and conducts ongoing portfolio management.

Johvanna Sampson

Vice President of Commercial Lending Community Development Financing | BlueHub Loan Fund

Johvanna conducts outreach and marketing to potential BlueHub Loan Fund borrowers, structuring and underwriting community development loans.

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