Oliver McMillan LLC Secures $12.5 Million Loan From Zions Bancorporation For Culver Theater

The property involved in this transaction is a commercial asset located at 9500 Culver Boulevard in Culver City, California. Spanning 41,341 square feet, this fully occupied movie theater is leased to a global e-commerce giant. The Culver Theater features a six-screen format, sound stages, and a full-service bar, situated in a prime media district.

Summary of transaction details:

• Property Type: Commercial
• Transaction Amount: $12,500,000
• Lender: Zions Bancorporation
• Landlord: Oliver McMillan LLC
• Brokers: Joshua Blank, Sarah Kim & Alex Olson - JLL
• Loan Terms: five-year, fixed-rate

This transaction was arranged by JLL Capital Markets, securing senior financing for the Culver Theater through Zions Bancorporation. The deal involved the expertise of brokers Joshua Blank, Sarah Kim, and Alex Olson, who represented the financial aspects of the loan agreement.