Greenland Secures $310M for Metropolis’ 3rd DTLA Tower

By: Dennis Kaiser

Cottonwood Group, in partnership with Natixis, provided a $310 million loan to Greenland USA to complete Metropolis, a luxury residential tower within the mixed-use development in downtown Los Angeles. The financing supports the completion of a project that includes residential, hotel and retail components. Read the full article in ConnectCRE.

ABOUT COTTONWOOD GROUP: Headquartered in Los Angeles, Cottonwood is a private equity real estate investment firm focused on equity and debt opportunities across all property sectors and geographies. The firm’s ability to act as a lender, investor, operator and sponsor of real estate investments of all sizes and complexities is fundamental to delivering a risk-adjusted absolute return for investors. Investing out of its discretionary funds and separate institutional accounts, Cottonwood targets U.S. real estate opportunities with a capitalization of up to $1 billion.