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Home AEC Urban Stearns, Forbix Secure $17.5MM Loan for 244-Unit Apartment Conversion Project in San Pedro
AECFinanceIndustry NewsLos AngelesResidential

Urban Stearns, Forbix Secure $17.5MM Loan for 244-Unit Apartment Conversion Project in San Pedro

February 28, 20241 Mins read550
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By The Registry Staff New residential development could soon be coming to San Pedro. Urban Stearns and Forbix, Culver City- and Calabasas-based investors, have successfully obtained a $17.5 million bridge loan from BH3 Management and F2 Capital, Bisnow reported. The funds are earmarked for the conversion of a 12-story office building in San Pedro into […]

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