The loan was provided for the acquisition of an industrial property located at 2026 Cecilia Circle in Corona, California. The property has a total area of 8,313 square feet and is situated in a prime location within the fast-moving and high-demand Southern California market.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $1,837,500
• Address: 2026 Cecilia Circle, Corona, California
• Market: Corona

The loan was made by Bolour Associates, represented by Steven Simantob and Mark Bolour. The broker for the transaction was Irene Liu from AJK Financial. Bolour Associates, an asset-based bridge lender, specializes in financing deals in urban infill primary and secondary markets. They have a track record of successfully tackling complicated private lending deals, including unentitled land plays. With loan terms of up to 2 years, a loan-to-value ratio of up to 75%, and interest rates starting at 7.5%, Bolour Associates offers flexible lending solutions for various financing needs.

For more information on how Bolour can fulfill your lending needs, you can contact Steven Simantob at ☎️ 323-677-0550 ext.133 or via email at [email protected]. You can also visit their website at bolourassociates.com/lending/.