Principal Life Insurance Company Provides $42M Loan For Mixed-Use Property In Culver City

The mixed-use property located at 10375 Washington Boulevard in Culver City has been involved in a closed transaction. The loan for this transaction was provided by Principal Life Insurance Company, with Daniel J. Houston representing the lender. The loan amount for the transaction was $42,000,000. The property spans a total of 135,178 square feet and includes 139 units.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $42,000,000
• Address: 10375 Washington Boulevard
• Market: Culver City
• Lender: Principal Life Insurance Company - Daniel J. Houston
• Units: 139

Frankie Murphy, representing Washington LP, served as the landlord in this transaction. The broker responsible for facilitating the deal was Alchemy Planning + Land Use.