Tuesday, April 29, 2014

HFF arranges $40 million refinancing for Beverly Hills, CA medical office building


Christopher Vittetoe
LOS ANGELES, CA – HFF announced today that it has arranged a $40 million refinancing for 450 N. Roxbury, a 101,653-square-foot medical office building in Beverly Hills, California.

               Working exclusively on behalf of Starpoint Properties, LLC, HFF placed the 15-year, fixed-rate loan with an affiliate of Guggenheim Finance LLC.  The loan, which is refinancing senior debt on the property, will also be serviced by HFF.

               450 N. Roxbury is located a few blocks from the intersection of Wilshire and Santa Monica Boulevards in the Golden Triangle area of Beverly Hills.  The property is fully leased.     

The HFF debt placement team representing the borrower was led by director Chris Vittetoe and managing director Paul Brindley.

Starpoint Properties, LLC is a leading real estate investment firm that specializes in acquiring core, core-plus and value-added commercial assets through a team of seasoned and experienced real estate professionals.

 For a complete copy of the company’s news release, please contact:

Kristen M. Murphy
Associate Director
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com


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