Thorofare Funds $34M on SoCal Mixed-Use Acquisition

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.