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433 Camden Dr

Paul Daneshrad Of Starpoint Properties Acquires $122 Million Refinance Loan For Medical Office In Beverly Hills
FINANCEDMedical Office

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:

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

David Milestone

CBRE

Broker

$984.7M

vol

10 deals

Broker
Blackstone
BlackstoneLender
J.T. Sizemore

J.T. Sizemore

Blackstone

Originator
Originator

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