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Madison Realty Provides $115 Million Loan for LA Office-to-Multifamily Conversion

New York Lender Teams Up With Harridge Development Group for Seventh Time
Harridge Development will be converting an office building and vacant land along Wilshire Boulevard in Los Angeles into new housing. (CoStar)
Harridge Development will be converting an office building and vacant land along Wilshire Boulevard in Los Angeles into new housing. (CoStar)
CoStar News
October 5, 2023 | 9:16 P.M.

Madison Realty Capital, a real estate private equity firm, has upped its loan commitment on a Los Angeles property converted once from a retail store to offices and being converted again into residential rentals.

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