PGIM Real Estate, the global asset management business of insurer Prudential Financial, has provided a combined $143.5 million of floating-rate bridge loans to LaTerra Development for two newly constructed multifamily properties in greater Los Angeles.
PGIM Provides $143.5 Million in Financing to LaTerra Development
Money Backs Two Newly Constructed Los Angeles Multifamily Properties
CoStar News
October 6, 2023 | 7:14 P.M.
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IN THIS ARTICLE
- Properties
- The Louise Los Feliz
1633 Edgemont St, Los Angeles, CA
- The Charlie SM C&B
1450 Cloverfield Blvd, Santa Monica, CA
- Companies
- PGIM, Inc.
Real Estate
- LaTerra Development
Real Estate
- Contacts
- Chris Tourtellotte
Managing Director, LaTerra Development