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Los AngelesBolour Associates is expanding its private lending business. The firm will be active in 16 states and Washington DC, and it expects to triple the size its private lending business and double its staff by the end of 2020. The move is an effort to diversify the business while taking advantage of the ample capital available in the market.

“We are expanding the lending platform for many reasons, but number one is the diversification of our platform and our portfolio,” Mark Bolour, CEO of Bolour Associates. “We are seeking growth through diversification, rather than growth in a centralized market, like California. We have access at this point to a tremendous amount of capital to lend, and while the capital is available, we don’t want to concentrate it in one geographic area. We want to spread it.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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