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Sign in Sign up for a FREE subscriptionMeridian Capital Group finances construction loan for Downtown L.A. project
Meridian Capital Group has financed a $355 million construction loan for a dual-branded Marriott AC and Moxy Hotel in downtown Los Angeles, reported Los Angeles Journal.
The lender was the Children’s Investment Fund.
When completed, the 37-story tall hotel at 1248 S. Figueroa St. will total 744 rooms.