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LOS ANGELES – A 101,653-square-foot medical office building in Beverly Hills has received $40 million in refinancing. The fully leased building is located at 450 N. Roxbury, near the intersection of Wilshire and Santa Monica boulevards in the Golden Triangle area.
The 15-year, fixed-rate loan will be used to refinance the property’s senior debt. Financing for Starpoint Properties was arranged by HFF’s Chris Vittetoe and Paul Brindley through an affiliate of Guggenheim Finance LLC. The loan will be serviced by HFF.