$12,793,000 bridge loan for the refinance of a four-building office park in Austin, Texas.

BLC has just funded a $12,793,000 bridge loan for the refinance of a four-building office park in Austin, Texas. The borrowers are planning a re-parceling of the property to separate out a few of the buildings for redevelopment. The bridge loan provided by BLC helped the borrowers with their maturing debt, while at the same time providing them the time and flexibility needed to reposition the property. This is another example of The BLC Companies knowledge and experience providing a timely, workable, and beneficial financing solution for the borrower.