Refinance of an industrial/R&D flex building in California

I am pleased to announce that BLC has recently funded a $7,521,000 Bridge loan for the refinance of an industrial/R&D flex building in California. The borrower’s current loan was maturing and they needed additional time to pursue offers to sell or to re-lease the property, and a Bridge Loan from BLC was the perfect solution to provide the time necessary to determine the best outcome for the property and its investors. This is another example of The BLC Companies knowledge and experience providing a timely, flexible, and beneficial financing solution for the borrower.

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