BridgeCore Capital Funds $750,000 Refinance of California Office Complex

BridgeCore Capital, Inc. has completed a $750,000 refinance of a suburban office complex in Rocklin, California, the company announced today. The transaction provided the borrower with cash-out proceeds to fund capital improvements at both the Rocklin property and another office property in Tracy, CA, as part of a strategy to sell the Rocklin asset within a year.

The borrower required certainty and speed of execution to meet a tight timeline tied to their exit strategy. BridgeCore Capital delivered on both fronts, closing the loan within the borrower’s schedule. The company coordinated closely with the borrower’s mortgage advisory team, the sponsor, and the title company to streamline the closing process and ensure timely completion.

BridgeCore Capital’s ability to leverage its extensive experience, in-house capabilities, and flexible capital base allowed it to solve a critical timing challenge while offering competitive financing terms. The transaction underscores the firm’s focus on providing tailored bridge loan solutions for commercial real estate needs.

The Rocklin refinance is part of BridgeCore’s broader lending activity, which includes senior, junior, and mezzanine debt, as well as preferred equity, on commercial and non-owner occupied residential real estate across the United States. Through its “Bridge Loan Program,” the company offers flexible, interest-only, non-recourse, and floating-rate financing with one- to three-year terms for loans ranging from $15 million to $50 million and above. More information is available at www.bridgecorecapital.com.

The original announcement was distributed via www.newmediawire.com.