Eleven Fifty Wlshire Eleven Fifty Wilshire

PacTen Partners has secured $24 million in joint equity financing to develop Eleven Fifty Wilshire, a 13-story 140-unit class-A residential condominium in Downtown Los Angeles. As overseas capital source with a presence in Los Angeles provided the funding.

Eleven Fifty Wilshire is located in City Center West. Construction will begin later this year, and the project is scheduled for delivery in the second quarter 2022.

The JLL Capital Markets team of Zane Sweet, Reid McGlamery and Chris Casey represented PacTen Partners in the deal.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

Los Angeles
Multifamily
Capital Markets
Development