CNL Strategic Residential Credit Acquisition | Financial Services Deal in FL

CNL Strategic Residential Credit acquisition: CNL Holdings, LLC has completed the acquisition of CNL Strategic Residential Credit, a commercial lending business in Florida, for $5,000,000. The financial services target provides commercial lending acquisition support through a Non-Formula Revolving Facility, enabling cash advances up to a $5,000,000 revolving line. The FL acquisitions structure includes a guarantor arrangement and a maturity date of December 31, 2026, with potential extension at the lender’s option. As an other acquisition under financial services M&A, the commercial lending acquisition supports ongoing credit extension needs and expands liquidity for CNL Strategic Residential Credit, with deal terms documented in a first amendment to the loan and security agreement.