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Home AEC Jannone Development Secures $16.7MM Construction Financing for 39-Unit Project in Los Angeles’ Koreatown Neighborhood
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Jannone Development Secures $16.7MM Construction Financing for 39-Unit Project in Los Angeles’ Koreatown Neighborhood

August 10, 20232 Mins read857
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SAN DIEGO – JLL Capital Markets announced today that it has arranged the $16.7 million construction take-out financing for The Hobart, a 39-unit, Class A mid-rise multi-housing community located in the Koreatown submarket of Los Angeles, California. JLL represented the borrower, Jannone Development, to secure the two-year, floating-rate loan. Newly built in 2023, the community […]

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