**Grocery-Anchored Rancho Cucamonga Retail Center Secures $19M Cash-Out Refi**
Bolour Associates Inc. has provided a $19 million, 12-month cash-out refinance loan for a well-leased retail center located at 8601 Base Line Road in Rancho Cucamonga, California. The loan was issued through Bolour’s affiliate, BA Debt Fund LLC.
The 106,000-square-foot property, anchored by a Smart & Final grocery store, is currently 99% leased and features a diverse mix of retail tenants. The financing, structured with flexibility in mind, allowed the borrower to access liquidity for investment in additional properties—an increasingly rare option amid tightening lending conditions.
“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 in the transaction.
