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Home AEC Carmel Partners Lands $152MM Truist Construction Loan for 390-Unit Marina Shores on Long Beach’s PCH
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Carmel Partners Lands $152MM Truist Construction Loan for 390-Unit Marina Shores on Long Beach’s PCH

October 28, 20263 Mins read3
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Long Beach with the marina in the foreground
Photo by Ameer Basheer on Unsplash
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Truist has extended a $152 million construction loan to Carmel Partners for Marina Shores, a 390-unit apartment complex replacing aging offices on Pacific Coast Highway in southeast Long Beach, pushing the last of three large housing projects on the corridor into the ground.

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