Updated Mar 10, 2026
Continental Real Estate Provides $52M Loan For Medical Office In Beverly Hills
465 North Roxbury Drive, Beverly Hills, CA, USA
$52,000,000
$896/SF
Building Size
58,000 SF
Asset Type
Office
Closing
Jun 23, 2021
About this deal
AI
The medical office located at 465 N. Roxbury Drive in Beverly Hills has recently been involved in a closed transaction. The property, owned by Optimus Properties - Kamyar Shabani & K. Joseph Shabani, received a loan from Continental Real Estate in the amount of $52,000,000. The medical office spans across 58,000 square feet.
Summary of transaction details
- Property Type: Medical office
- Transaction Amount: $52,000,000
- Address: 465 N. Roxbury Drive, Beverly Hills
- Market: Beverly Hills
- Lender: Continental Real Estate
- Landlord: Optimus Properties - Kamyar Shabani & K. Joseph Shabani
- Square Footage: 58,000
Continental Real Estate provided the loan to the medical office owned by Optimus Properties - Kamyar Shabani & K. Joseph Shabani. This closed transaction highlights the successful collaboration between the lender and the landlord.
On the Map
$52,000,000
$896/SF
Office
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Players
Beverly Hills Office Market Snapshot
Boundary boundary · Office · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.31%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93