Jonathon K. Yormak's East End Capital Secures $130M Construction Loan In Los Angeles

The development site located at 2233-2241 Jesse Street in Los Angeles spans 5 acres and has a building size of 250,000 square feet. The property is set to become East End Studios - Mission Campus, featuring five soundstages and extensive post-production facilities in the Arts District.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $130,000,000
• Market: Los Angeles
• Lender: Centennial Bank & Monroe Capital
• Landlord: Jonathon K. Yormak - East End Capital
• Broker: Greg Grant - CBRE
• Loan Type: Construction Loan

Jonathon K. Yormak of East End Capital, in collaboration with Greg Grant of CBRE, has successfully secured $130 million in construction financing for the development of East End Studios - Mission Campus. The project is on schedule for completion by the end of the upcoming year and will enhance the film and media production capabilities in Downtown Los Angeles.