Bolour offers capital for high-demand multifamily development opportunities.
Location: 1200 S. Olive Street, Los Angeles, CA
Market: Downtown Los Angeles
Loan Amount: $11.5MM
Loan Purpose: Acquisition
Sector: Land
Term: 24 Months
LTV: 75%
“BOLOUR continues to actively lend on land and development opportunities across Southern California, including this loan supporting the acquisition of a vacant industrial building and 30,476-square-foot land site in the heart of downtown Los Angeles. This parcel will soon be entitled and transformed into a 16-story, 356-unit modular multifamily development offering much-needed, highly amenitized apartment inventory in LA’s urban center.”
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.