Industrial-to-Multifamily Redevelopment Supported by Bolour Land Loan
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
Term: 24 Months
“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.”