Updated Oct 29, 2024
Cathay Provides $64.9M Loan For Beverly Hills Office Portfolio
139 S Beverly Dr, Beverly Hills, CA 90212, Estados Unidos
$64,900,000
$218/SF
Building Size
297,350 SF
Asset Type
Mixed-use
Closing
Oct 18, 2020
About this deal
AI
The recent closed property transaction in Beverly Hills involved three office properties located at 139 S Beverly, 415 N Camden, and 152 S Lasky. The transaction took place on October 19, 2020.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $64,900,000
The loan for this transaction was provided by Cathay. The brokers who facilitated the transaction were Marc Schillinger, Eric Boucher, and Keith Rosso from JLL. Their expertise and efforts contributed to the successful completion of this multi-faceted deal.
Note from the brokers: We're extremely pleased to have participated in the successful multi-faceted process, despite...
On the Map
$64,900,000
$218/SF
Mixed-use
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Players
Beverly Hills Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.24%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93