Jordan Kashfian Of Kashfian Properties And Bob Assil Of Eighty Eight Place Secure $25M Refinance Loan

9300 Wilshire Boulevard is a six-story Art Deco office property located in the Beverly Hills - Golden Triangle market. The asset was acquired at approximately 25% occupancy and has undergone a successful value-add strategy increasing the occupancy to near-full levels since December 2024.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $25,000,000
• Lender: Wells Fargo
• Borrower: Jordan Kashfian - Kashfian Properties; Bob Assil - Eighty Eight Place
• Broker: David Oheb - Meridian Capital Group
• Loan Type: Refinance
• Loan Terms: 3 Years | SOFR + 2.15% | Full-Term Interest Only

Jordan Kashfian leads Kashfian Properties, which specializes in acquiring and repositioning generational-caliber office and retail assets in prime Los Angeles markets. Bob Assil heads Eighty Eight Place, an institutional firm focused on opportunistic investment and development across various asset classes in Southern California, actively seeking new acquisition opportunities.