Bolour underwrites based on future value creation, providing capital when the business plan requires creativity.
Market: Lodi, CA
Loan Amount: $3.25MM
Purpose: Acquisition + Reposition
Asset Type: Retail
Term: 24 Months
“This loan supports a repeat BOLOUR borrower executing a true value-add retail repositioning strategy. The property includes a vacant big box component, with a plan to convert the asset into a multi-tenant center. We underwrite a Sponsor’s track record, the asset’s location, and the potential for future value creation – not just current occupancy or cash flow. For Sponsors pursuing value-add, lease-up or repositioning strategies, BOLOUR can provide flexible bridge capital where conventional lenders may be limited.”
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.
