February 15, 2019
Construction Continues on Hollywood’s Thompson Hotel
The Sunset Blvd-adjacent project has received a $63M construction loan.
Construction is in full swing for the Thompson Hotel in Hollywood, with an updated design and a new loan to boot.
Los Angeles-based developer Relevant Group has secured a $63-million loan from Calmwater Capital for continued construction of the project. This marks the second time the two companies have worked together, following Relevant’s early repayment of a loan for the Dream Hotel, which opened in 2016.