BLC has funded a $6,715,000 bridge loan for the refinance of maturing debt on a hotel in Southern California. The borrowers wanted to avoid longer term fixed rate financing, with prepayment penalties that may not benefit them in the future. They preferred BLC Companies shorter term bridge loan financing, which allows them the flexibility should rates come back down.
BLC Companies Hires Mid-West Representative to Expand National Presence
The BLC Companies announced the hiring of John Pantone to expand its presence throughout the
