About Mike Hershauer

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So far Mike Hershauer has created 82 blog entries.

Bolour closes construction take out loan

BOLOUR helps multifamily developer stabilize, refinance, recapitalize Market: Los Angeles / Koreatown Loan Amount: $21.6MM Purpose: Refinance Sector: Multifamily Building Size: 67 Units Term: 24 Months "BOLOUR’s loan allowed this Sponsor to exit their construction loan and recapitalize equity prior [...]

2024-05-22T11:24:36-07:00May 22nd, 2024|Uncategorized|

BOLOUR provides over $20M in debt for three-site Southern California portfolio

Financing supports long-term plan for multifamily projects to replace retail centers Los Angeles – (April 23, 2024) — Bolour Associates Inc. (BOLOUR) today announced that it has provided over $20 million in debt financing [...]

2024-04-23T10:53:28-07:00April 23rd, 2024|Uncategorized|

Bolour closes office acquisition loan

BOLOUR helps Philadelphia developer close on historic asset Market: Rittenhouse Square, Philadelphia Loan Amount: $8.05MM Purpose: Office Acquisition Sector: Multifamily Conversion Lot Size: 67,698 SF Term: 24 Months "This $8.05 million loan allowed an experienced local developer to acquire this [...]

2024-04-08T11:06:01-07:00April 8th, 2024|Uncategorized|

Bolour recapitalizes future NoHo Arts District site

BOLOUR closes final loan in portfolio financing for national developer Market: North Hollywood, CA Loan Amount: $4.5MM Purpose: Recapitalization Sector: Retail Lot Size: 29,617 SF Term: 24 Months "BOLOUR completed the recapitalization of a three-property portfolio with a loan on [...]

2024-04-08T11:00:26-07:00March 5th, 2024|Uncategorized|

BOLOUR completes latest investment on Pico Boulevard with $4.45 million retail center acquisition

Continues company’s record of acquiring and holding land for future redevelopment Los Angeles – (Feb. 21, 2024) — Privately-owned real estate investment, development and finance company Bolour Associates Inc. (BOLOUR) has acquired a neighborhood retail strip [...]

2024-02-23T16:01:30-08:00February 23rd, 2024|Uncategorized|

BOLOUR entitles land for 30-unit residential apartment building in West Los Angeles

Project will bring much-needed housing, including live-work options, to Pico Boulevard Los Angeles – (Feb. 6, 2024) — Privately-owned real estate investment, development and finance company Bolour Associates Inc. (BOLOUR) has secured the entitlements to build [...]

2024-02-07T11:53:41-08:00February 7th, 2024|Uncategorized|

Bolour finances prime Hollywood development

BOLOUR loan paves the way for new multifamily units Market: Hollywood, CA Loan Amount: $9.2MM Purpose: Recapitalization Sector: Covered Land Lot Size: 41,508 SF Term: 24 Months "BOLOUR worked with this repeat borrower to quickly close this equity recapitalization before [...]

2024-01-29T09:41:36-08:00January 26th, 2024|Uncategorized|

Bolour recapitalizes future Santa Monica Development

BOLOUR loan helps sponsor bridge into construction debt Market: Santa Monica, CA Loan Amount: $6.5MM Purpose: Recapitalization Sector: Land Lot Size: 14,989 SF Term: 24 Months "BOLOUR worked with this national developer on this cash-out loan, allowing for construction drawings [...]

2024-01-05T15:05:22-08:00January 5th, 2024|Uncategorized|

Bolour closes refinance for historic Silver Lake mixed-use asset

BOLOUR capital strengthens owner's presence in LA's Silver Lake Market: Silver Lake / Los Angeles Loan Amount: $12.3MM Purpose: Refinance Sector: Mixed-Use Term: 24 Months LTV: 60% "After acquiring and renovating the Jones Building at the height of [...]

2023-11-02T15:15:24-07:00November 2nd, 2023|Uncategorized|
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