Lincoln Property Co., McCourt Partners Receive $132.7M Construction Loan for Culver City Multifamily Project

Lincoln Property, McCourt secure $133M for Culver City apartments

Lincoln and McCourt Secure $132.7M in Construction Financing for ElevenOneEleven in Culver City

Lincoln Property Company and McCourt Partners have secured $132.7 million in construction financing from Bank OZK for ElevenOneEleven, a planned mixed-use development in Culver City, California. The developers announced the financing for the project at 11111 Jefferson Boulevard, where they plan to transform an underutilized 3.43-acre parcel into a six-story development comprising 344 residences, including […]

11111 Jefferson Wins Financial Backing to Move Development Forward

The next chapter in the story of 11111 Jefferson is set to turn the page. Real Estate Developers Lincoln Property Company and McCourt Partners are reported to have signed for $133 million in constr…

Lincoln Property Company Secures $132.7M Construction Loan for Culver City California Mixed-Use Development

Lincoln Property Company (“Lincoln”), a global full-service real estate firm, and McCourt Partners (“McCourt”), a family-owned real estate development, investment, and management company, announced that they have secured $132.7 million in construction financing from Bank OZK for ElevenOneEleven, a new mixed-use development in Culver City. Located at 11111 Jefferson Boulevard, ElevenOneEleven will transform an underutilized […]

Lincoln Property Co., McCourt Partners Receive $132.7M Construction Loan for Culver City Multifamily Project

CULVER CITY, CALIF. — Lincoln Property Co. and McCourt Partners have received $132.7 million in construction financing from Bank OZK for ElevenOneEleven, a multifamily development in Culver City. Lou Friedel and Keith Rosso of Berkadia arranged financing on behalf of Lincoln and McCourt. Situated on 3.4 acres at 11111 Jefferson Blvd., ElevenOneEleven will feature a six-story development comprising 344 residences, including 52 affordable units, a…

Bank OZK Provides $133M Construction Loan in L.A.'s Culver City

The development firms behind a 344-unit mixed-use project set for Culver City, Calif., have secured $132.7 million in construction financing from Bank OZK. A joint venture of Lincoln Property Company and McCourt Partners said it will use the loan to build the six-story project, which will include 52 affordable units as well as 2,000 square […]