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8430 Sunset Boulevard, West...

Updated Feb 16, 2024

Credit Suisse Provides $505M Loan For Mixed-Use Property On Sunset Boulevard
FINANCEDMixed-use

Credit Suisse Provides $505M Loan For Mixed-Use Property On Sunset Boulevard

8430 Sunset Boulevard, West Hollywood, CA, USA

$505,000,000

$1,683/SF

Building Size

300,000 SF

Asset Type

Mixed-use

Closing

Apr 29, 2021

About this deal

AI

8430 Sunset Boulevard in West Hollywood has recently been involved in a closed property transaction. The mixed-use property, spanning 300,000 square feet, garnered considerable attention and secured a loan from Credit Suisse. The loan amount totaled a significant $505,000,000.

Summary of Transaction Details:

  • Property Type: Mixed-use
  • Transaction Amount: $505,000,000
  • Address: 8430 Sunset Boulevard
  • Market: West Hollywood

Warren Wachsberger represented AECOM Capital, while Jason Bohle and Andrew Mcintyre represented Combined Properties as the landlords of 8430 Sunset Boulevard. The deal was facilitated by Eastdil Secured, acting as the broker.

Players

Credit Suisse
Credit SuisseLender

West Hollywood Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Loan transactions

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Deal FAQ

About $1.7K per square foot on a published $505M for 300,000 square feet (2021).

Browse California mixed use loans on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.03%

Cash-on-Cash

-0.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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