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**Bolour Provides $21M Refinance Loan for San Dimas Office Property**
Bolour Associates Inc., through its affiliate BA Debt Fund LLC, has issued an $20,980,000 refinance loan for a fully leased office property in San Dimas, California. The 18-month loan supports the transition of a 98,505-square-foot, two-story building as it approaches loan maturity and prepares for a full-building tenant change at the end of the year.
Scott Monasch of Slatt Capital represented the borrower in the transaction.
Located at 924 Overland Court in the San Dimas Corporate Park, the office building is designed for corporate tenancy and offers direct access to the 210/Foothill and 57/Orange freeways. The property also benefits from a strong nearby labor pool along with proximity to various restaurants and retail amenities.
“Our office expertise allowed us to move with speed, calibrate risk and provide a tailored office building refinance, giving this borrower liquidity and flexibility during a time of critical transition,” said Bolour CEO Mark Bolour. “Bolour is actively lending in the office sector nationwide, delivering solutions that conventional lenders frequently don’t.”
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