NEWPORT BEACH, CA— has learned exclusively that Los Angeles-based George Smith Partners has arranged a $51.4-million bridge loan for Lido Retail Group, an affiliate of DJM Capital Partners, for the complete renovation of the Lido Marina Village, a 123,391-square-foot, multi-block, mixed-use property on Lido Isle here. The property will be rebranded as an upscale boutique and restaurant destination unlike any currently offered in Orange County, according to GSP.

As reported in January, DJM, a private-equity investment, development and asset-management firm focusing on the retail sector, was set to begin work to restore Lido Marina Village beginning in February. The firm is developing the landmark so that it once again becomes an appealing shopping, dining and marina destination for locals and visitors, spending an estimated $16 million, has learned.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.