About Mike Hershauer

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So far Mike Hershauer has created 89 blog entries.

Bolour finances San Diego adaptive reuse project.

Downtown San Diego trophy office acquisition closed in just five weeks. Market: San Diego, California Loan Amount: $16.5MM Purpose: Office Acquisition Sector: Adaptive Reuse Building Size: 250,000 SF Term: 24 Months  “BOLOUR financed this downtown San Diego office acquisition in [...]

2024-10-29T12:12:13-07:00October 29th, 2024|Uncategorized|

BOLOUR awarded entitlements for 61-unit East Hollywood apartment project

Melrose Hill project is the latest of several new multifamily buildings planned by BOLOUR Los Angeles – (October 14, 2024) — Privately-owned real estate investment, development and finance company Bolour Associates Inc. (BOLOUR) has [...]

2024-10-14T13:41:19-07:00October 14th, 2024|Uncategorized|

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|
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