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Home AEC Jamison Lands $60MM Fifth Third Loan to Convert 3424 Wilshire Office Tower into 260 Apartments in Koreatown
AECFinanceIndustry NewsLos AngelesResidential

Jamison Lands $60MM Fifth Third Loan to Convert 3424 Wilshire Office Tower into 260 Apartments in Koreatown

May 18, 20263 Mins read453
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Photo by Evgeniy Surzhan on Unsplash
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Recorded title documents show a related-party transfer of the 13-story Koreatown tower into a Delaware joint venture entity preceded the construction financing for the adaptive reuse play. Jamison Properties has clinched a $60 million construction loan from Fifth Third Bank to fund the conversion of a 13-story office building at 3424 Wilshire Boulevard in Los […]

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