BLC has just funded an $11,241,000 bridge loan for the refinance of an office building in North Carolina.

BLC has just funded an $11,241,000 bridge loan for the refinance of an office building in North Carolina. The borrower had maturing debt, while also having to navigate the replacement of a few tenants. Since the property is in a transitional period, BLC was able to provide short-term financing to allow them to stabilize the property for 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.

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