Paul Daneshrad Of Starpoint Properties Acquires $122 Million Refinance Loan For Medical Office In Beverly Hills
433 Camden Dr
$122,000,000
$563/SF
Building Size
216,652 SF
Asset Type
Medical Office
Closing
Jun 30, 2026
AI
The property asset involved in this transaction is a medical office located at 433 Camden Drive in Beverly Hills, encompassing a total square footage of 216,652. The transaction involved a loan amount of $122,000,000, categorized as a refinance.
Summary of transation details:
- Property Type: Medical Office
- Transaction Amount: $122,000,000
- Loan Type: Refinance
- Lender: Jonathan D. Gray & J.T. Sizemore - Blackstone
- Landlord: Paul Daneshrad - Starpoint Properties
- Brokers: Mark Fluent, Bill Moyer & David Milestone - CBRE
- Date: 06/30/2026
The key individuals involved in the transaction are Jonathan D. Gray and J.T. Sizemore representing the lender, Blackstone. The landlord, Paul Daneshrad, is associated with Starpoint Properties. The brokerage firm CBRE is represented by Mark Fluent, Bill Moyer, and David Milestone in the transaction.
Players
Beverly Hills Medical Office Market Snapshot
Boundary boundary · Medical Office · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.13%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93