Bolour lends on location, sponsorship and basis. Not just financials.
Market: Venice, CA
Loan Amount: $12.5MM
Purpose: Acquisition
Asset Type: Mixed-Use
Term: 12 Months + 6 Month Extension
“When an experienced Sponsor reached out for capital to acquire vacant – though irreplaceable – mixed-use beachfront real estate, BOLOUR responded with a $12.5 million senior bridge loan. Supported by a funded interest reserve and carry-cost holdback, this structure supports the next chapter for a prized Venice Beach property. BOLOUR’s capital can bring certainty to your long-term business plan, even when tenancy and income are in flux. Contact our team for details.”
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.