About Mike Hershauer

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So far Mike Hershauer has created 87 blog entries.

BOLOUR Making Its Bones Doing Things Differently In The Distressed Asset Market

August 13, 2024 Molly Armbrister, West Coast Editor The shuttering of discount retailer 99 Cents Only opened up a world of opportunity for buyers on the hunt for distressed assets. And in Los Angeles, [...]

2024-08-26T16:32:42-07:00August 22nd, 2024|Uncategorized|

BOLOUR completes $6.04M LA retail acquisition, with renovations planned

Upgrades will reflect art-centric Fairfax Avenue location with long-term plan for multifamily units Los Angeles – (July 29, 2024) — Privately owned real estate finance, development and investment company Bolour Associates Inc. (BOLOUR) has [...]

2024-08-02T12:40:52-07:00July 29th, 2024|Uncategorized|

BOLOUR closes flex industrial loan in three weeks.

BOLOUR provides flex industrial loan in Phoenix.  Market: Phoenix, Arizona Loan Amount: $14.9MM Purpose: Refinance Sector: Flex Industrial Lot Size: 135,000 SF Term: 24 Months "With only three weeks to maturity, BOLOUR refinanced this asset when conventional lenders were unable [...]

2024-08-26T16:33:03-07:00July 3rd, 2024|Uncategorized|

BOLOUR secures entitlements for 86-unit Sunset Boulevard apartment project in Los Angeles

Brings in-demand housing options to popular Echo Park neighborhood Los Angeles – (June 19, 2024) — Privately-owned real estate investment, development and finance company Bolour Associates Inc. (BOLOUR) has secured the entitlements to build [...]

2024-08-02T13:04:35-07:00June 19th, 2024|Uncategorized|

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 [...]

2024-08-26T16:33:13-07:00May 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 [...]

2024-08-26T16:33:23-07:00April 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 [...]

2024-08-26T16:33:33-07:00March 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|
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