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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.
- ◦Financing


