Updated Jul 25, 2025
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
Beverly Hills Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Loan transactions
Loading comparables…
Deal FAQ
Visit Nick Blatin to view all their deals.
Browse Beverly Hills mixed use loans on Traded.
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