Introducing the BOLOUR debt equity program!
Location: 1124-1138 S. Normandie Avenue, Los Angeles, CA
Market: Koreatown – Los Angeles
Equity: $5.5MM
Loan Purpose: 45,000 s.f. / 86-Unit Construction
Sector: Multifamily
Equity: $5.5MM
Loan Purpose: 45,000 s.f. / 86-Unit Construction
Sector: Multifamily
“This is the first of many preferred equity deals BOLOUR will be closing in 2022! The program offers funding in a valuable position within the value-add capital stack, stretching project proceeds up to 85% of cost. In this booming Southern California multifamily market, this first deal is a prime example of BOLOUR’s ability to create opportunities that continue to support smart commercial real estate development in prime U.S. growth markets.”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 Steven Simantob directly at 323.677.0550 x133 or stevens@bolourassociates.com.