TENTEN Campus Community in Downtown Glendale Secures $125M in Financing [Los Angeles Times (CA)]
Comcast Corporation - Class A (CMCSA)
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Source: Los Angeles Times
JLL represented the borrower, Amidi Real Estate Group , in securing a loan through Oaktree Capital Management TENTEN Campus is positioned at 414 N. Orange St. in downtown Glendale, providing residents convenient access to major employment centers, including Disney, DreamWorks Animation and other key entertainment employers. The property sits within walking distance of premier retail destinations, including Americana at Brand and Glendale Galleria. The eight-story, mid-rise apartment community totals 220,018 square feet and offers a diverse unit mix of studios, one- and two-bedroom apartments with an average unit size of 942 square feet. The property obtained its temporary certificate of occupancy in November 2024 and has demonstrated exceptional leasing velocity since resident move-ins commenced in February 2025, achieving 95% occupancy prior to the transaction closing. TENTEN Campus offers premium amenities, including a resort-style pool and spa, rooftop terrace with skyline v
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