Bolour loan goes beyond traditional credit boxes.
Market: Redding, CA MSA
Loan Amount: $15MM
Purpose: Acquisition + Repositioning
Asset Type: Retail
Project Size: 164,800 s.f.
Term: 24 Months + 12 Month Extension
Purpose: Acquisition + Repositioning
Asset Type: Retail
Project Size: 164,800 s.f.
Term: 24 Months + 12 Month Extension
“This deal required a lender comfortable underwriting grocery-anchored retail in a tertiary location, where the business plan includes near-term demolition of a vacant theatre, tenant relocations and lease-up, and future pad development. Where conventional lenders pulled back, BOLOUR engaged, structuring and closing on a senior acquisition and repositioning loan for a time-sensitive transaction. Our solutions-oriented approach allowed this borrower to unlock long-term value, in a market with limited commercial lending depth. Reach out to our team with your debt needs.”
Mark Bolour, CEO
Bolour offers competitive, reliable lending in 18 markets across the U.S. and for a broad range of product sectors. Visit bolourassociates.com/lending for more information or contact Jason Huang directly at 323.677.0550 x121 or lending@bolourassociates.com.
