BridgeInvest Closes a $22.4 MM Acquisition Loan in Riverside, CA
1st Priority Mortgage Loan
Loan Amount
$22,400,000
Property Type
Grocery-Anchored Retail
Location
Riverside, CA
BridgeInvest is excited to announce the closing of a $22.4MM acquisition loan for a 32,599 SF grocery- anchored retail center in Riverside, California. The 66% occupied center (100% leased) will soon become 100% occupied when one of California’s largest independently-owned grocers moves into their 45,000 SF space in early 2026.
- Funding 100% of future TI/LCs
- Creative earnout structure
- Part of BridgeInvest’s expansion into Western US
