100 Wilshire Exterior
JLL announced today that Raven Capital, an alternative investment firm specializing in asset-based, non-sponsor private credit, has signed a new 12,251-square-foot office lease at 100 Wilshire, a 21-story, 252,536-square-foot Class A office building located at 100 Wilshire Boulevard in Santa Monica, California. The firm is relocating from 7,256 square feet at 1335 4th Street in Santa Monica. The new space will serve as the West Coast headquarters for Raven’s expanding team and investment platform, reflecting the firm’s increasing scale, momentum and long-term commitment to the Los Angeles market.
Founded in 2008, Raven Capital is an alternative investment firm specializing in asset-based, non-sponsor private credit. The firm continues to benefit from a favorable market backdrop, where dislocation is creating increased demand for the flexible, customized capital solutions Raven offers. Owned by Dimitri Cohen, Gary Sumers, Jeremy Tucker, and Chris Felice, the firm focuses on originating senior secured loans to middle market borrowers. Over its 17-year history, Raven has deployed over $3.3 billion across more than 100 investments.
“As we continue to build Raven, it’s important that our environment reflects the caliber of our team and the expectations we have for performance,” said Dimitri Cohen, Raven Capital Principal & Chief Investment Officer. “We believe the best people in the market should work in the best possible setting. Our new headquarters is designed to support collaboration, attract top talent, and ultimately enable us to deliver the strongest outcomes for our clients and our investors.”
JLL’s Jim Schoolfield represented Raven Capital in the new lease.
Cohen continued, “Jim has been an exceptional partner throughout this process. He played a critical role in helping us secure a space that truly fits our vision for the firm’s future.”
“Los Angeles’ office market has continued to stabilize over the past few quarters with a diverse employment base, return to office trends and limited new development,” said Jim Schoolfield, JLL Senior Managing Director. “We continue to see tenants looking for office space that fits the company culture, is well located and offers abundant amenities.”
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 113,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.