Additional capital without having to refinance in a turbulent market.
Location: 2488 Market Place Blvd., Irving, TX
Market: Irving, TX
Loan Amount: $7.3MM (Additional Proceeds $1.3MM)
Purpose: Entitlement Costs
Sector: Retail to Self-Storage Conversion
Term: 18 Months
Closing Time: 3 Weeks
“BOLOUR’s debt and preferred equity options provide borrowers and developers alternatives to costly delays or forced sales. This loan gives an established BOLOUR client the ability to shift from a residential to a self-storage development plan in a challenging financing environment. We pride ourselves on our level of flexibility and strong relationships.”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 Clay Goldthwait directly at 323.677.0550 x1 or lending@bolourassociates.com.
