BridgeCore Capital, Inc. announced on October 7, 2026, that it has closed a $1,300,000 refinance of a multifamily complex in Oklahoma City, Oklahoma. The borrower required cash-out proceeds to fund improvements to the subject property and another multifamily property in the same market, establish a 9-month interest reserve, and provide additional working capital.
The borrower’s business plan is to complete the improvements to the subject property and sell it within the 18-month loan term. To support this strategy, BridgeCore structured a future-funding reserve for the property improvements, with documentation of the use of funds required only for the initial advance. This structure provided the borrower with greater flexibility and efficiency in accessing the remaining improvement funds.
Additionally, BridgeCore worked with the borrower to structure the loan with recourse limited to its fund entity. The lender also collaborated closely with the trusted mortgage advisory team, sponsor, and title company to coordinate an efficient closing process and ensure the transaction closed on schedule.
By leveraging its extensive experience, in-house capabilities, and flexible capital base, BridgeCore addressed a number of unique structural requirements while delivering highly competitive financing terms. The deal underscores the growing demand for bridge financing solutions that can accommodate complex capital stacks and time-sensitive business plans, particularly in secondary markets like Oklahoma City where multifamily properties continue to attract investor interest.
BridgeCore provides bridge loans on commercial and non-owner occupied residential real estate in the U.S., including origination of senior, junior and mezzanine debt and preferred equity. Borrowers throughout the nation can take advantage of BridgeCore’s “Bridge Loan Program,” which provides flexible pre-pay, interest only, non-recourse, and floating-rate financing with one- to three-year terms for loan sizes ranging from $15M to $50M+. For more information, visit www.bridgecorecapital.com.
The transaction was announced via NEWMEDIAWIRE, a distribution service for press releases. This refinancing highlights how specialized lenders are stepping in to fill gaps left by traditional banks, offering tailored solutions that enable borrowers to execute value-add strategies. As interest rates remain volatile, such flexible financing structures are likely to become increasingly important for real estate investors seeking to maximize returns and manage risk.
