property

11111 Jefferson Boulevard — ElevenOneEleven

2021–2026 Revised project listed by City; construction financing announced October 14, 2026; start anticipated Q4 2026, not independently confirmed
At a glance

Culver City mixed-use development site at Jefferson and Sepulveda boulevards. Thorofare Capital documented a $34,136,000 predevelopment acquisition loan in August 2021 for an earlier project. The City identifies a revised 344-home project, and developers Lincoln Property Company and McCourt Partners announced a $132.7 million Bank OZK construction loan in October 2026, arranged by Berkadia.

Open primary source → Browse 5 sources ↓
Mixed-use redevelopment site Direct City planning record, developer announcement and lender transaction disclosure
What the record shows

Key facts

Address
11111 Jefferson Boulevard, Culver City, CA 90232
Documented amounts
$34,136,000 — 2021 Thorofare loan · $132,700,000 — 2026 Bank OZK construction loan
Site Acres
3.43
Revised Residences
344
Revised Affordable Residences
52
Revised Retail Sqft
2000
Revised Public Open Space Sqft
17520
Revised Parking Spaces
500
Prior 2021 Loan Usd
34136000
October 2026 Construction Loan Usd
132700000
City Applicant Contact
Spencer Kallick (Allen Matkins)
City July 2026 Owner Applicant
11111 Jefferson Property Owner, LLC
Construction Start
Anticipated Q4 2026 per developer; unconfirmed
Evidence

Sources

11111 Jefferson Blvd Open source → CC 11111 Jefferson TUP For Extended Hours Open source → Lincoln Property Company And Mccourt Partners Secure Financing From Bank Ozk For Elevenoneeleven Open source → 11111 Jefferson Open source → Developers Score 132 7 Million Loan Open source →
Navigate the archive

Linked records

Direct links named in this record: people, organizations, properties, projects, events and other canonical archive records.

People
Spencer B. Kallick
Organizations
City of Culver CityLincoln Property CompanyMcCourt PartnersBank OZKAllen MatkinsKimley-Horn
Projects
ElevenOneEleven
Financial entities
Bank OZK
Developers
Lincoln Property CompanyMcCourt Partners
More context

Related records

Ranked by documented overlap such as a shared project, property, person, organization, event, relationship, or an explicit link between records.

person

Spencer B. Kallick

Land Use and Real Estate Partner at Allen Matkins documented as an applicant representative or entitlement counsel on multiple Culver City mixed-use redevelopment project…

Land Use and Real Estate Partner — Allen MatkinsProject applicant representative — 100 Corporate PointeProject applicant contact — 5757 Uplander WayEntitlement team lead — 100 Corporate Pointe and 10950 Washington Boulevard
Directly linked from this record · Shared organization: Allen Matkins
Open record →
Archive indexing

Record tags

Use these archive labels to follow related people, organizations, subjects and records across Culver City Records.

Context note

The City's overall development list still describes an earlier 230-unit proposal while its detailed active-project page identifies the revised 344-unit plan; the figures refer to different project versions. Thorofare's 2021 loan describes an earlier sponsorship; it must not be characterized as Lincoln/McCourt's October 2026 financing. The October 21 Los Angeles Business Journal reports a 2025 acquisition from Thorofare citing property records, but the underlying instruments were not independently examined. No affiliation between the 2021 and 2026 project sponsors is inferred.

People
Spencer B. KallickStephen LindgrenJordan LangLou FriedelKeith Rosso
Organizations
City of Culver City11111 Jefferson Property Owner, LLCLincoln Property CompanyMcCourt PartnersBank OZKBerkadiaThorofare CapitalAllen MatkinsKFA ArchitectureKimley-Horn
Projects
ElevenOneEleven11111 Jefferson revised mixed-use project
Relationships
Lincoln Property Company and McCourt Partners — development joint venture announced October 2026Bank OZK — construction financing lender in October 2026 announcementBerkadia (Lou Friedel and Keith Rosso) — construction financing arrangerSpencer B. Kallick, Allen Matkins — City-listed revised project applicant contactThorofare Capital — prior project acquisition lender in August 2021
Financial entities
Thorofare CapitalBank OZKBerkadia
Developers
Lincoln Property CompanyMcCourt Partners
Owners
11111 Jefferson Property Owner, LLC — owner/applicant in July 2026 City notice; ownership interests not independently established
Categories
DevelopmentMultifamily housingLand-use entitlementConstruction finance
Themes
RedevelopmentLand-use approvalsResidential developmentAcquisition financingConstruction financing
Money context
Thorofare Capital — $34,136,000 predevelopment acquisition loan (August 2021, earlier project)Bank OZK — $132,700,000 construction financing for Lincoln/McCourt project (announced October 2026)
Financing
August 2021 Thorofare predevelopment acquisition loan $34,136,000October 2026 Bank OZK construction loan $132,700,000
Addresses
11111 Jefferson Boulevard, Culver City, CA 90232
Amounts
$34,136,000 — 2021 Thorofare loan$132,700,000 — 2026 Bank OZK construction loan
Aliases
ElevenOneEleven11111 Jefferson Blvd