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In The News

Archive for December, 2017

BOLOUR Funds $3 Million Refinance on Industrial Portfolio

Refinance out of Probate Santa Fe Springs and Paramount City, CA BOLOUR recently funded a $3 million bridge loan with an interest reserve on two industrial buildings. Borrower needed to refinance a defaulted loan to avoid foreclosure. Despite complicated title issues in Probate, BOLOUR refinanced the property within a short closing time frame.

BOLOUR Brings Development Expertise to $8.5M Funding

Santa Monica Pier Santa Monica, CA BOLOUR provided an $8.35M non-recourse loan for a local developer to acquire and entitle a mixed-use residential – commercial property. BOLOUR provided the borrower with a two-year loan term to secure approvals from the City of Santa Monica, where entitlements are highly challenging. BOLOUR utilized its extensive network and …