BLC provided a $1,404,000 Bridge loan for the refinance of an investor-owned Multi-Use property in California. The borrower wanted to consolidate debt and refinance for a lower monthly payment, while at the same time waiting out the market for rates to drop before seeking long-term financing. This is another example of The BLC Companies knowledge and experience providing a timely, workable, and beneficial financing solution for the borrower.
$8,096,000 Bridge Refinance of Retail Center in Washington
BLC has recently funded a $8,096,000 bridge loan for the refinance of a retail strip