In the news. Around the nation.

Harrison Street Real Estate Capital LLC and Oppidan Investment Company Plan 50 Megawatt Data Center on 7.26-Acre Land Assemblage in Santa Clara, California.

The Los Angeles-based commercial real estate investment manager provided Quadrant Investment Partners a loan toward a 13-building portfolio of newly converted and renovated flex office space in the flourishing Design District.

The 100-unit assisted living and memory care facility, known as Tequesta Terrace, was acquired by West Palm Beach-based Alta Senior Living.

A joint venture between Chicago-based The John Buck Co. and El Segundo-based 3MR Capital has received $34.1 million in financing for a project in Culver City. The loan, provided by Thorofare Capital, is for the planned $210 million mixed-use development of 11111 Jefferson, which sits on a 3.4-acre site at Sepulveda and Jefferson boulevards.

The partnership will allow the Los Angeles-based lender to expand its lending and fundraising platforms.

Thorofare Capital will be spearheading a new real estate arm at asset manager Callodine Group as part of a new strategic partnership, paving the way for the lender to tackle larger deals.

Thorofare Capital supplied a short-term, pre-development loan for the joint venture to acquire a 3.43-acre site in Culver City, Calif. The sponsors paid $44.6 million for the 11111 Jefferson Boulevard property for a planned 230-unit multifamily development with 66,500 square feet of retail and 652 parking spaces.

Once completed the project will consist of one, four-story building, featuring 72 residential units, 16,339 SF of ground floor commercial space and one level of subterranean parking with 52 spaces at 2224 Germantown Avenue near Temple University. Meridian Capital Group LLC placed the loan, on behalf of Trinity Realty Companies, with debt fund manager Thorofare Capital.

Mile High Place South is a new-build, 60-unit mid-rise apartment building located in Denver’s burgeoning Sloan’s Lake neighborhood. Berkadia Commercial Mortgage placed the pre-TCO loan with debt fund manager Thorofare Capital.

Flint River Apartment Homes is a 200-unit, garden-style multifamily community that will undergo an interior and exterior renovation. American Street Capital placed the loan with debt fund manager Thorofare Capital.