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Developer taps financing tool to boost LA office project

The Luzzatto Co. secures alternative capital for 'sustainable' development
The property is currently 39% leased to the Los Angeles Department of Mental Health, which occupies the entire first floor. (CoStar)
The property is currently 39% leased to the Los Angeles Department of Mental Health, which occupies the entire first floor. (CoStar)
CoStar News
July 10, 2025 | 10:06 P.M.

A Los Angeles developer is using a sustainability-focused financing tool to free up cash flow for its newly completed creative office campus in Los Angeles' West Adams neighborhood. The move reflects how alternative capital sources are helping some developers weather a slow office leasing environment while holding on to high-quality assets.

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