Sarkis Daldumyan Of Oakridge Capital Advisors Refinances Beverly Hills Retail For $8.7M
$8,700,000
$2,427/SF
Building Size
3,584 SF
Asset Type
Retail
Closing
Mar 7, 2024
AI
The retail property in Beverly Hills, spanning 3,584 square feet, was subject to a refinance loan amounting to $8,700,000. The deal was facilitated by Sarkis Daldumyan of Oakridge Capital Advisors, Inc.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $8,700,000
- Market: Beverly Hills
- Lender's Rep: Sarkis Daldumyan - Oakridge Capital Advisors, Inc
- Asset Type: Retail
- Square Footage: 3,584
The loan refinance deal involved key individuals such as Sarkis Daldumyan, representing Oakridge Capital Advisors, Inc, as the lender's representative. The transaction provides a glimpse into the financing activities within the Beverly Hills market.
Beverly Hills Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.82%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93