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California  + Inland Empire  + Finance  | 

Grocery-Anchored Rancho Cucamonga Center Scores Cash-Out Refi

Bolour Associates Inc. provided a $19-million, 12-month cash-out refinance loan through its affiliate, BA Debt Fund LLC, for a centrally located retail center in Rancho Cucamonga. The 106,000-square-foot center is situated at 8601 Base Line Rd. in Rancho Cucamonga. Anchored by a Smart & Final grocery store, the center is 99% leased with a mix of tenants.

The lender’s flexible financing solutions capitalized on the center’s strong tenant mix, providing the borrower with cash-out to invest in other properties in a market where traditional lenders are often unable to provide such liquidity

“Bolour specializes in adaptable financing solutions,” said CEO Mark Bolour. “We tailored this loan to support the growth of the borrower’s portfolio, providing liquidity and pre-pay flexibility in a capital-constrained market.”

Preston Davey of Marcus & Millichap represented the borrower.

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Bolour Associates

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Financing
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