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Prospect News home > News index > List of issuers L > Headlines for LaTerra Development > News item
Published on 11/11/2021 in the Prospect News Bank Loan Daily.

LaTerra, QuadReal ink $198.5 million construction loan for project

Chicago, Nov. 11 – QuadReal Property Group and LaTerra Development closed on a $198.5 million construction loan for the development of 573 apartments in Burbank, Calif.

BMO Harris Bank is the administrative agent.

Citizens is the joint lead arranger.

QuadReal Realty is an actively managed pooled investment portfolio of real estate and real estate-related investments based in Vancouver. LaTerra is a Los-Angeles-based developer.


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