$37,300,000
Acq Bridge Loan
431,000 SF Office Conversion
Rancho Cucamonga, CA
HRC secured a $37.3 million, non-recourse bridge loan (83% LTC) for the acquisition and redevelopment of a 431,000 sf former General Dynamics building into “Class A” office space. The loan included approximately $10 million of construction proceeds to complete the Phase 2 renovation.