Bolour Associates Provides $12.3M Refinance Loan For Mixed-Use Property In Silver Lake

The historic Jones Building, located at 2807 Sunset Boulevard in Los Angeles, has undergone a recent renovation and is now a mixed-use property. The property spans a total of 30,303 square feet and is situated in the Silver Lake submarket.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $12,300,000
• Address: 2807 Sunset Boulevard
• Market: Los Angeles
• Lender: Bolour Associates - Mark Bolour & Clay Goldthwait
• Brokers: Zachary Streit & Malcolm Davies - WAY Capital
• Loan Type: Refinance
• Loan Terms: 24 Months / 60% LTV

BOLOUR Associates, represented by Mark Bolour and Clay Goldthwait, provided a loan amount of $12,300,000 for the refinancing of the Jones Building. The loan is structured as a refinance with a term of 24 months and a loan-to-value ratio of 60%. The transaction was facilitated by brokers Zachary Streit and Malcolm Davies from WAY Capital. Bolour Associates specializes in asset-based bridge lending, focusing on urban infill primary and secondary markets. They offer flexible financing solutions for complicated deals, including unentitled land plays.

Bolour Associates is known for its ability to provide fast and reliable capital, even in challenging debt markets. Their expertise and experience in investment and development have made them a trusted lender for properties like the Jones Building. For more information about Bolour Associates and their lending services, interested parties can reach out to Clay Goldthwait at ☎️ 323-677-0550 ext.121 or 📧 [email protected]. Additional information is also available on their website at bolourassociates.com/lending.

Overall, the refinancing of the Jones Building by Bolour Associates signifies the stabilization of this newly renovated mixed-use property in the Silver Lake submarket of Los Angeles.