Bolour Associates Originates $22.2M Refinancing for Village Business Park in Buena Park, California

Buena Park Offices Refinanced Amid Below-Market Occupancy

Bolour Associates Inc. provided a $22,250,000, 24-month office refinance loan in Buena Park through its affiliate, BA Debt Fund LLC. The loan provides capital to refinance and additional funds for future leasing needs to promote asset stability at Village Business Park, an 82% occupied, two-building office complexc at 7000 and 7001 Village Dr. “With below-market occupancy and looming debt maturity, this borrower required a creative, higher-lever…

Bolour Associates Originates $22.2M Refinancing for Village Business Park in Buena Park, California

BUENA PARK, CALIF. — Bolour Associates, through its affiliate BA Debt Fund LLC, has provided a $22.2 million, 24-month office refinancing loan for Village Business Park in Buena Park. The loan provides capital to refinance and additional funds for future leasing needs to promote asset stability. CBRE represented the borrower in the financing. Spanning 144,000 square feet, the two-story buildings are located at 7000 and 7001 Village Drive. The mu…