Rockwood Capital Lands $42M Loan For Calif. Property

By Andrew McIntyre (February 4, 2020, 5:24 PM EST) -- Rockwood Capital has landed $42.2 million in financing for its recent purchase of a condo interest in an office building in Santa Monica, California, according to an announcement on Tuesday from Jones Lang LaSalle Inc., which brokered the deal for the borrower.

The loan is for Rockwood Capital LLC's purchase of a 58,851-square-foot condo unit at the Telephone Building, a six-story creative office property.

The five-year loan is at a floating rate of interest, terms of which JLL did not disclose in its announcement on Tuesday. JLL described the lender as "a national portfolio lender."

JLL also said it worked on the...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!