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8840 West Olympic Boulevard

Updated Jul 25, 2025

Nick Blatin Provides $8 Million Bridge Loan For Mixed-Use Properties In Beverly Hills
FINANCEDMixed-use

Nick Blatin Provides $8 Million Bridge Loan For Mixed-Use Properties In Beverly Hills

8840 West Olympic Boulevard & 8844 West Olympic Boulevard

$8,000,000

$622/SF

Building Size

6,981 SF

Asset Type

Mixed-use

Closing

Jul 14, 2025

About this deal

AI

The transaction involves mixed-use properties located at 8840 West Olympic Boulevard and 8844 West Olympic Boulevard in Beverly Hills. The property at 8840 West Olympic Boulevard encompasses 6,981 square feet, while the property at 8844 West Olympic Boulevard comprises 5,864 square feet. The total loan amount for this transaction is $8,000,000, and it is structured as a bridge loan with an 18-month term.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $8,000,000
  • Address: 8840 West Olympic Boulevard & 8844 West Olympic Boulevard
  • Market: Beverly Hills
  • Lender: Nick Blatin
  • Landlord's Rep: Christopher Khoi & Tom Waycott - RCP Finance
  • Loan Type: Bridge
  • Loan Terms: 18 months

This transaction highlights the roles of key individuals involved, including Nick Blatin as the lender. Christopher Khoi and Tom Waycott represent the landlord in this deal through RCP Finance, contributing to the effective management of the property transaction process.

Players

Christopher Khoi

RCP Finance

Broker

$55.2M

vol

3 deals

Broker
RCP Finance
RCP FinanceBrokerage
Nick Blatin

Nick Blatin

Lender

$50.2M

vol

4 deals

Lender

Beverly Hills Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Loan transactions

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Deal FAQ

About $622 per square foot on a published $8M for 12,845 square feet (2025).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.98%

Cash-on-Cash

-0.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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