Vici Properties Provides $300 Million Bridge Loan For Development Site At 9900 Wilshire Boulevard

The asset involved in the transaction is a development site located at 9900 Wilshire Boulevard in Beverly Hills. The loan amount secured for this property is $300,000,000, classified as a bridge loan.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $300,000,000
• Lender: Vici Properties
• Landlord: Jonathan Goldstein - Cain International
• Brokers: Ari Schwartzbard, Anthony Orso, William Weber, Henry Stimler, Clif Weldon, Ricky Warner & Preston Podell - Newmark

The transaction features key individuals such as Jonathan Goldstein representing the landlord entity, Cain International, while the brokerage team from Newmark includes several professionals who facilitated the deal, highlighting a collaborative effort among experienced brokers in the property market.