The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
June 14, 2024
 Search RENTV
 The REview
News Home Page
Southern California
Northern California
Pacific Northwest
Prop. Management
Press Releases
 R. E. Marketplace
Service Providers
Property Spotlight
 RENTV  Conferences
Subscriber Login:
Forgot Password?

Printer-friendly Version   Email an Associate
DJM Capital Secures $45 Mil in New Financing on Retail/Office Property in Newport Beach


DJM Capital has recapitalized Lido Marina Village, a 106k sf, multi-block waterfront boutique retail and office property on Balboa Peninsula in Newport Beach. The $45.6 mil in bridge financing was arranged by George Smith Partners.

Lido Marina Village features retail, restaurant, and office space in 14 separate structures including prime waterfront retail and restaurant spaces featuring spectacular harbor views, along with 47 boat slips, creating an iconic Newport Beach destination. Some highlighted restaurants include Orange County’s only Nobu and Malibu Farm locations. Retail tenants include first-to-market “laid back luxe” retailers such as Elysse Walker, LoveShackFancy, Serena & Lily, and Jenni Kayne. The property stretches from the waterfront, across a public street and walkway to the Via Lido street-front retail.

Since acquiring the project in 2013, DJM has performed extensive renovations that have created an “integrated village” feel across the entire property. They’ve rebranded Lido Marketplace as a super high-quality boutique and restaurant destination, featuring a “who’s who” of tenants. Even during the pandemic, DJM has kept the occupancy up and even signed new leases at “high street” rents. The property has been thriving in part due to their shoppers feeling comfortable in the open air, pedestrian friendly, waterfront environment.

George Smith Partners’ Steve Bram, David Pascale and Patrick O’Donnell arranged the new financing. The firm also arranged the renovation financing for this property back in 2014.

Return to the Archive page




Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2024 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media