Updated Dec 4, 2024
Sarkis Daldumyan Of 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
About this deal
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 , Inc.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $8,700,000
- Market: Beverly Hills
- Lender's Rep: Sarkis Daldumyan - , Inc
- Asset Type: Retail
- Square Footage: 3,584
The loan refinance deal involved key individuals such as Sarkis Daldumyan, representing , Inc, as the lender's representative. The transaction provides a glimpse into the financing activities within the Beverly Hills market.
Market 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
1.82%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93