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| Wayne Ratkovich |
LOS ANGELES, CA – The
Ratkovich Company, National Real Estate Advisors (“National”) and Blue Vista
Capital announced they have secured a $225 million permanent loan to finance The Bloc, a premier urban destination
in the heart of Downtown Los Angeles.
“As we enter the final
stretch of construction, this financial commitment underscores the collective
excitement we all share for the future impact of this project,” said Wayne Ratkovich, CEO of The Ratkovich
Company.
“The added flexibility provided by this
investment will help us to continue realizing our goal of providing Angelenos
with a truly transformational community cornerstone at The Bloc.”
“This financial commitment
lends further credence to the vibrant revitalization underway in downtown and
lays the foundation for continued growth in the decades ahead,” said Jeff Kanne, President of National Real
Estate Advisors. “With the grand opening of the project just months away, we
are thrilled that we’ll soon be able to share The Bloc with the entire Los
Angeles community.”
For a complete copy of the company’s news release,
please contact:
Olivia Hennessey
Public Relations
Coordinator
HFF | 9 Greenway Plaza
Suite 700 | Houston, Texas 77046
tel 713.852.3403 | fax
713.527.8725 | www.hfflp.com
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