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Investment firm Fundrise has secured a $125 million loan to refinance an industrial portfolio in the southwest U.S.
A joint venture of Century City-based LaTerra Development and New York-based Clarion Partners has received $90 million in financing for The Louise, a mixed-use project in Los Feliz. The newly constructed project has 246 residential units and 20,487 square feet of ground-floor retail.
Clarion Partners and LaTerra Development secured a $90 million loan from PGIM Real Estate for The Louise, a luxury community in Los Angeles.
LaTerra Development secured $143.5 million in combined bridge debt for a pair of newly constructed multifamily projects in Los Angeles.
Westcore landed $73.3 million of acquisition financing from CrossHarbor Capital Partners to purchase an industrial park in Glendale, Ariz.