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Dealmaker: Sonnenblick-Eichner Arranges $276 Million for L.A. Chargers Facility
Sonnenblick-Eichner Co., Beverly Hills, Calif., arranged $276 million in construction and permanent financing for a new corporate headquarters and training facility to be leased to the Los Angeles Chargers football team.
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The headquarters, to be located in El Segundo, Calif., will offer office space for players, coaches and staff, as well as three natural grass fields. The 14-acre site provides access to both SoFi Stadium, home of the Los Angeles Chargers, and the Los Angeles International Airport.
The property is being developed by a partnership comprised of Continental Development Corp. and Mar Ventures Inc., both headquartered in El Segundo.
The loan was funded through CTL Capital, LLC, a New York-based investment bank specializing in credit tenant lease financing.