Beverly Hills, CA
For Immediate Release
Newly appointed three-member team strengthens firm’s regional and national presence
Beverly Hills, CA – (May 21, 2018) — Bolour Associates, Inc. (BOLOUR), a privately owned real estate investment, development and finance company, today announced the addition of three new professionals to its growing team.
The newly appointed team includes Hiren Naik, Production and Due Diligence Manager; Steve Martin, Senior Analyst; and Mishal Patel, Loan Originator. The additions were prompted by the firm’s rapid expansion of its lending and development platforms
“The integration of these individuals signals a pivotal moment in BOLOUR’s evolution,” said David Yang, vice president of finance and operations. “We are in a period of rapid growth, and the specific skills possessed by each of our new team members will complement our continued expansion.”
Hiren Naik, Production and Due Diligence Manager, is responsible for overseeing the company’s loan production strategy. Mr. Naik manages loan production, due diligence and the closing processes. He also oversees the ongoing management of the company’s extensive loan holdings.
Mr. Naik earned a bachelor of arts degree from St. Catherine’s College at the University of Oxford. He went on to graduate with a Juris Doctor from the University of Michigan Law School. Previously, he was an active member of the California and New York bar associations.
Steve Martin is BOLOUR’s new Senior Analyst. He serves as the company’s lead analyst for all lending, investment and development transactions. As part of his role, Martin provides underwriting, deal structuring and analytical support for the firm’s new deals and its existing portfolio.
Mr. Martin earned a bachelor of science in industrial and operations engineering at the University of Michigan. He also holds an MBA from the Kenan-Flagler Business School at the University of North Carolina, where he concentrated in corporate finance and real estate investment.
Previously, Mr. Martin was a senior associate in the capital market group at Jones Lang LaSalle (JLL) in Los Angeles. He was promoted to this position after serving as an associate portfolio manager in the public institutions group in JLL’s Washington, D.C. office.
Mishal Patel has been hired as a Loan Originator at BOLOUR. In this role, he manages broker relationships, lead generation and sales for BOLOUR’s expanding lending platform.
Previously, Mr. Patel was an analyst and commercial mortgage banker at The Alison Company. He earned a bachelor’s degree in finance and real estate from Indiana University.
“Growing our diverse platforms on both the debt and equity side of our business in the Southwest has been an ongoing strategic goal of ours. Hiren, Steve and Mishal are ideal candidates to help propel our growth,” said Yang. “They bring significant industry experience and their specific skills dovetail nicely to enable us to meet increased demand.”
BOLOUR Associates is a privately owned real estate investment, development and finance company. With more than 35 years of industry expertise, the firm has a solid track record of creating value through innovative real estate strategies. Our associates execute complex real estate transactions and employ a creative approach to generating sustainable growth. Our commitment to the highest standards of integrity is the hallmark of our business. Headquartered in Los Angeles, Bolour Associates is a leader in the commercial real estate market in California and the southwest region of the United States, with plans for continued growth.