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319 North Beverly Drive

Jordan Fried And Bob Dake Landlord Secures $26.65 Million Refinance Loan For Retail Asset
FINANCEDRetail

Jordan Fried And Bob Dake Landlord Secures $26.65 Million Refinance Loan For Retail Asset

319 North Beverly Drive

$26,650,000

$1,903/SF

Building Size

14,000 SF

Asset Type

Retail

Closing

Sep 24, 2025

AI

The property asset involved in this transaction is a retail space located at 319 North Beverly Drive in Beverly Hills. The total square footage of the property is 14,000. The loan amount secured for this asset is $26,650,000, with the loan type being refinance.

Summary of transaction details:

This deal involved notable individuals from the brokerage firm JLL, including Chris Drew, Marc Schillinger, Michael DiCosimo, Keaton Yellin, and Aaliyah St. Louis. The collaboration between these brokers facilitated the refinancing process for the landlords, Jordan Fried and Bob Dake.

Players

Michael DiCosimo

JLL

Broker

$1.6B

vol

37 deals

Broker
Keaton Yellin
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Keaton Yellin

JLL

Broker

$750.7M

vol

26 deals

Broker
JLL
JLLBrokerage
Fortress Investment Group
Fortress Investment GroupLender
Jordan Fried

Jordan Fried

Landlord

$503.8M

vol

10 deals

Landlord

Beverly Hills Retail Market Snapshot

Boundary boundary · Retail · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.60%

Cash-on-Cash

-0.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93