Stanton, CA
BOLOUR recently funded a cash-out refinance for an unentitled development site in Stanton, California, part of western Orange County in metro Los Angeles. BOLOUR provided a $2.7 million, 12-month loan at 70 percent of value. This affords the sponsor with liquidity to fund other acquisitions while he is in a long-term escrow to sell the Stanton property to a multifamily developer.
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Unentitled Land
Cash-Out
