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DTLA Studio Campus Lands $130M Construction Loan
CBRE Capital Markets’ Debt and Structured Finance secured $130 million in construction financing on behalf of East End Studios for the development of a studio campus in the Downtown Los Angeles Arts District. To be called East End Studios – Mission Campus, the $230-million project is already under construction and expected to be completed by the fourth quarter of 2025.
A CBRE Debt and Structured Finance team led by SVP Greg Grant advised East End Studios in the construction financing process and facilitated non-recourse financing via two balance sheet lenders. Located within the Thirty Mile Zone at 2233-2251 Jesse St., the campus will feature five sound stages spanning 100,000 square feet via column-free structures and 42-foot clear heights and more than 150,000 square feet of offices, post-production workspaces, talent suites, commissary and mill areas.
“While Los Angeles is the most expansive and diverse production market in the world, it remains under-supplied with modern purpose-built stages and fully integrated campuses,” said Jonathon Yormak, co-founder and managing principal of East End Capital, East End Studios’ parent organization.
Added Grant, “Ultimately it was East End’s studio expertise and state-of-the-art design that gave our capital sources conviction in the project.”
- ◦Development
- ◦Financing