Validus Group: Validus Group secures $20M bridge loan from Synovus Bank

A Tampa real estate firm has secured a $20 million revolving line of credit to help it move quickly to acquire investment properties. Validus Group Partners Ltd. said Wednesday it had secured the bridge financing agreement with Synovus Bank. Validus has worked with Synovus for six years, said David Brightwell, vice president of business development. "This partnership has provided us with a competitive advantage to close on strategic deals quickly," Brightwell said in a statement. "Synovus Bank…